be updated . please update this article to reflect recent events or newly available information . december 2011 latvijas kr jbanka type joint stock company traded as nasdaq baltic lkb1r nasdaq baltic lkb2r industry banking fate in liquidation predecessor latvian postal savings bank founded 1924 headquarters riga latvia number of locations 155 service centres 1 area served latvia key people raimondas baranauskas chairman 2 ivars pried tis ceo 2 revenue lvl 34.6 million 2009 3 net income lvl 1.9 million 2009 3 owner bank snoras 53.2 % 2 vladimir antonov 31.96 % 2 number of employees 941 2009 4 website lkb.lv latvijas kr jbanka nasdaq baltic lkb1r nasdaq baltic lkb2r is a latvian bank listed on the riga omx exchange . the bank dates back to 1924 when it was founded as the latvian postal savings bank . operations of the savings bank continued in various forms during the soviet period and following the regained latvian independence the privatisation process of the bank was initiated 1997 and concluded 2003 . 5 the main shareholders are lithuanian based snoras banking group and the russian businessman vladimir antonov . 2 in 2009 latvijas kr jbanka had a turnover revenue of 34.6 million latvian lats with a loss of 1.9 million lats . 3 the bank had 941 employees 4 and 155 customer service centres in latvia . 1 in november 2011 the bank was taken over by the latvian government and will be liquidated due to bankruptcy of snoras . antonov was accused of fraud and misappropriation of us 290 million . 6 references edit a b as latvijas krajbanka consolidated annual report for 2009 pdf . nasdacomxbaltic.com . 2010 03 12 . p. 13 . retrieved 2010 11 01 . a b c d e as latvijas krajbanka consolidated annual report for 2009 pdf . nasdacomxbaltic.com . 2010 03 12 . p. 6 . retrieved 2010 11 01 . a b c as latvijas krajbanka consolidated annual report for 2009 pdf . nasdacomxbaltic.com . 2010 03 12 . p. 9 . retrieved 2010 11 01 . a b as latvijas krajbanka consolidated annual report for 2009 pdf . nasdacomxbaltic.com . 2010 03 12 . p. 25 . retrieved 2010 11 01 . about the bank ; 1994 2005 . latvijas kr jbanka . retrieved 2010 11 01 . latvia says antonov owes 290 million in krajbanka funds v t e nasdaq omx riga companies of latvia grindeks latvijas balzams latvijas g ze latvian shipping company olainfarm saf tehnika vef this article on a latvian company is a stub . you can help wikipedia by expanding it . v t e this european bank or insurance related article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title latvijas kr jbanka & oldid 729487045 categories banks of latviacompanies based in rigabanks established in 1924banks disestablished in 20111924 establishments in latvia2011 disestablishments in latvialatvia stubseuropean company stubseuropean bank stubshidden categories wikipedia articles in need of updating from december 2011all wikipedia articles in need of updatingall stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages catal latvie unorsk bokm lpolski svenska edit links this page was last modified on 12 july 2016 at 14 45 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view