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Press Release of April 28, 2000

 

 

Pursuant to Article 93 of the Law "On Credit Institutions", banks that are allowed to attract private persons' deposits must publish their balance sheets as of the end of the first, the second and the third quarters in the newspaper Latvijas Vestnesis by May 1, August 1 and November 1 respectively.

The banks that are at present allowed to attract private persons' deposits are ranked by the balance sheet item "Equity" as shown on their March 31, 2000 balance sheets published in the newspaper Latvijas Vestnesis.


No. Name of the bank Equity
(in thousands of lats)

1. Parekss-banka 39 544
2. Latvijas Unibanka 36 760
3. Hansabanka 19 241
4. Vereinsbank Riga 12 556
5. Latvijas Hipoteku un zemes banka 7 757
6. Baltijas Tranzitu banka 7 195
7. Rietumu banka 6 700
8. Banka "Paritate" 5 925
9. Saules banka 5 483
10. Aizkraukles banka 5 326
11. Ventspils Apvienota Baltijas Banka 5 157
12. Latvijas Krajbanka 4 259
13. Maras banka 4 084
14. Latvijas Ekonomiska komercbanka 4 073
15. First Latvian Commercial Bank 3 929
16. VEF banka 3 689
17. Ogres komercbanka 3 506
18. Multibanka 3 391
19. Latvijas tirdzniecibas banka 3 144
20. Trasta komercbanka 2 405
21. MeritaNordbanken Latvia Not published
22. Riga Branch of Merita Bank Plc. Not stated separately

We would like to stress once again that, when deciding whether to place your funds with any particular Latvian bank, you should first and foremost assess the development of its equity, i.e., compare it with the data on the previous quarters.