On dynamics of AS “Latvijas Krājbanka” business indices


Since February 28, 2009 the amount of legal entity deposits within AS „Latvijas
Krājbanka” has grown by 48 million lats, thus influencing the increasing of the
total deposit amount by 11%. It should be noted that in comparison with the end
of last March the deposit amount has grown by 7%. 
Such a variability of the bank's deposits and assets, showing increase one
month and decrease during another, is related to the service of separate
corporate clients of the bank. Cyclic oscillations of funds, which were
observed also previously, are characteristic to the business activity of those
clients. 
Thus, the conclusions on the decrease of deposit amount within AS „Latvijas
Krājbanka”, provided by separate media, are not true and do not correspond to
the real situation. 

Kristīne Ozolniece
AS “Latvijas Krājbanka”
The specialist of public relations
Phone: 67068031
Mobile: 25912461
E-mail: kristine.ozolniece@lkb.lv
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