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Press Release of April 30, 1998


In accordance with Article 93 of the Law "On Credit Institutions", banks entitled to accept private person deposits are obliged to publish their balance sheets as at the end of the first, second and third quarters in the newspaper Latvijas Vestnesis by May 1, August 1 and November 1, respectively.
Banks that at present are entitled to accept private person deposits are rated according to their equity as stated in the item "Equity" of their balance sheets of March 31, 1998 published in the newspaper Latvijas Vestnesis.


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

1. Latvijas Unibanka

32 213

2. Rietumu Banka

19 625

3. Rigas Komercbanka

15 621

4. Vereinsbank Riga

11 479

5. Aizkraukles Banka

10 193

6. Saules Banka

7 164

7. Latvijas Zemes Banka

6 410

8. Hansabank - Latvija

6 326

9. Latvijas Krajbanka

6 101

10. Latvijas Hipoteku un Zemes Banka

5 731

11. Latvijas Investiciju Banka

5 406

12. Paritate

4 475

13. Ventspils Apvienota Baltijas Banka

4 081

14. Latvijas Kapital-Banka

3 761

15. Maras Banka

3 680

16. Trasta Komercbanka

3 665

17. Multibanka

3 386

18. VEF Banka

2 890

19. Ogres Komercbanka

2 176

20. Riga Branch of "Societe Generale"

Not segregated

21. Baltijas Tranzitu Banka

*

22. Latvijas Ekonomiska Komercbanka

*

23. Parekss-Banka

*


 

* The bank has failed to publish its balance sheet as of the end of the first quarter of 1998 in the newspaper Latvijas Vestnesis by the deadline stipulated in the Law "On Credit Institutions".

The Bank of Latvia reminds you that, when choosing a bank for depositing your money, the bank's equity should be viewed in development; i.e., the bank's results for previous quarters should be compared.