ABLV Bank, AS
23 Elizabetes Street
Riga, LV-1010, Latvia 		Tel: +371 6777 5222
Fax: +371 6777 5200
Client line: +371 6777 5555
E-mail: info@ablv.com

www.ablv.com
ABLV
About Us / Locations and Contacts /

Uzbekistan

Our representative office in Tashkent is working for the benefit of our customers since 2008, providing advice in the field of investment projects, banking products, legal and financial issues.

Our advantages

The growth of direct investments in Uzbekistan increases by 10-15% in year on the average, which is a high indicator. But given good dynamics, the important role of the state in all spheres of life in Uzbekistan, especially in the economy, should also be noted. Knowing the customers' needs, we actively offer documentary operations, namely, letters of credit. Particular emphasis is put on confidentiality, not forgetting about the interweaving of tradition and culture in business relationships.

Representative office

The representative office is situated in the international business centre Avalon, which is located in the heart of the city.

Cooperation

Highly qualified specialists will be happy to receive guests from Tashkent and other cities of Uzbekistan in our office. We are also ready to go to your office or to hold a meeting elsewhere.

We are always glad to see you in the cultural capital of Asia — Tashkent, and in our office!

Tashkent

Business centre “Avalon”, off. 1E
Oybek str. 38a
Tashkent, 100 015, Uzbekistan
On the map
Tel.: +998 90 998 98 81, +998 71 140 33 36
Fax: +998 71 140 33 36

  • Overdraft instead of conversion

    Our commercial client pays to his suppliers in euros and sells goods for U.S. dollars.

    • Once, when it was time to pay to the supplier and our client had dollars on his account, he saw that the dollar against the euro was growing, so he decided that it was not profitable to buy euros at the moment, and it would be better to do it later.

      The client called us for advice. His private banker offered him to take an overdraft in euro secured by dollars the client had on his current account.

    • Thus the client would be able to pay in euro for the delivery immediately, and to convert later when paying off the overdraft.

      The client was correct in his forecast of currency rate change, and ultimately the cost of the overdraft was significantly lower than the rates difference that provided the client with an extra profit from the transaction.

    Sergei Deinekin

    Head of Private Banking Department West

  • Getting a credit in the process of a phone call

    Our client went on a business trip to Geneva. On his way back, visiting a duty-free shop at the airport, he saw a Swiss watch, which he immediately wanted to buy as a gift to his son.

    • There was not enough money on the payment card the client wanted to pay with but one of his corporate accounts had the necessary sum. The client called his private banker and informed him on the problem.

    • While he was talking to the private banker, his card account was promptly provided with an additional credit limit. After finishing the phone conversation the client paid for the purchase, and thus made a pleasant surprise to his son.

    Andrejs Jermoņins

    Head of Private Banking Department South

  • Sergei Deinekin
  • Andrejs Jermoņins