Aizkraukles Banka

Number of actions:

• 120,600 nominal shares with a voting right
• 11,000 actions of personnel without voting right

• Ernest Bernice and Nika Bern (direct and indirect participation) - 43.01%
• Oleg Fil (indirect participation) - 43.00%
• 14 legal entities and 102 individuals - 13.99%

The bank was founded on September 17, 1993 based on regional bank department of Latvia in the city of Ayzkraukle therefore initially received the name "Aizkraukles banka".

In 1995 there were changes in the list of its shareholders: Ernest Bernice and Oleg Fil became new shareholders and heads of bank, and since then they work only in banking sector. In 1995 the bank began to expand the activity: its branch in Riga was open.

In the years ahead the bank actively worked in the field of service of foreign clients. Offering them the various banking products mainly connected with implementation of calculations, the bank became the noticeable participant of financial market. One of the first in Latvia the bank began to develop various channels of remote customer service. As a result of it service quality considerably increased and the bank began to develop even quicker.

In 2002 the AB.LV trademark was created.

In 2004 the bank aimed efforts at the development of the second of principal directions of the activity — the investment management.

The largest shareholders of bank are Oleg Fil, Ernest Bernice and Nika Bern. They possess 86% of fixed capital of bank. Other stocks are owned by heads of divisions of bank, employees, old clients and business partners.