JSC Parex banka hereby informs that the Company’s Unaudited Financial Statements for the 6 month ended 30 June 2011 are planned to be submitted to NASDAQ OMX RIGA between 24 August and 31 August 2011.
About Parex banka:
Since 1 August 2010 Parex banka is a resolution bank and has ceased to render such classic banking services as account and deposit services, loan issuing and others. Now the main objective of Parex banka is maximum recovery of the state investments. In order to achieve its goals, the operation of Parex banka is focused on efficient loan restructuring, debt recovery and real estate management.
At the time being, assets of Parex banka, estimated to be equal to 800 million Lats, are managed by a team of highly qualified specialists. According to globally accepted standards, Parex banka with its relatively small number of staff members is considered to be a very efficient organization. The success of such enterprise model lies in advised attraction of outsourcing service providers and continuous evaluation of administrative resources.
Additional information:
Marita Ozoliņa-Tumanovska
Head of Communication and Marketing Department
Telephone: 67779142 or 29287169
E-mail: Marita.Ozolina@parex.lv