JSC Akciju Komercbanka Baltikums share capital has been increased to LVL 10.415 million.


Akciju Komercbanka Baltikums                                          12.01.2007

JSC Akciju Komercbanka Baltikums share capital has been increased to LVL 10.415 million. 

As a result of the 6-th share emission JSC Akciju Komercbanka Baltikums 
(hereinafter - the Bank) paid up share capital has been increased by LVL 2.965 
to LVL 10.415 million.
The emission was fully subscribed to and paid up by the Bank’s shareholder - 
JSC Baltikums Bankas Grupa.

JSC Baltikums Bankas Grupa shares are owned by five residents of Latvia:
-Alexander Peshkov Family Holdings SIA – 24.75%,
-Sergey Peshkov Holdings SIA – 24.75%,
-Andrey Kochetkov Holdings SIA – 24.75%,
-Oleg Chepulsky Holdings SIA – 24.75%,
-Ivan Ulyanov Holdings SIA – 1.00%.

Now the Bank has following subsidiary companies: Investment Management 
JSC “Baltikums Asset Management” (100%), JSC “Baltikums Līzings” (100%), 
JSC “Pirmais Atklātais Pensiju Fonds” (99.97%) and JSC “Nord Real Estate” (100%). 
Investment Management JSC Baltikums Asset Management has 93.46% interest in life 
insurance company “Baltikums Dzīvība”


Chairman of the Board 
Aldis Reims


T. Drobina
phone 7031342; 7031311
e-mail: tatjana.drobina@bank.baltikums.com