Issue of ABLV Bank, AS new shares has been successfully completed. 10 600 shares have been issued additionally to 121 000 that constituted the bank share capital before, including 110 000 shares with voting rights and 11 000 employee shares without voting rights. Employee shares have been issued in March 2012 and divided among 21 senior managers of the bank.

ABLV Bank affiliate companies working in the field of investments — ABLV Capital Markets, IBAS, which provides brokerage services, and ABLV Asset Management, IPAS, managing open-end investment funds — ended the year 2011 with good results, despite complicated situation and volatility on financial markets.

Riga, Latvia, 15 March 2012. NASDAQ OMX Riga reports that as of March 19, 2012 ABLV Bank, AS bonds will be listed on the NASDAQ OMX Baltic Bond list. As a result of issuing bonds denominated in EUR and USD in three separate issues, ABLV Bank, AS raised funds from investors at total value over 33.6 million LVL.

Riga, Latvia, 1 March 2012. NASDAQ OMX Riga informs that as of today ABLV Bank, AS has been granted stock exchange membership. Thus ABLV Bank is the twenty-seventh entity that has obtained NASDAQ OMX Riga member status.

Riga, Latvia, 28 February 2012. Following its chosen business strategy and implementing all planned measures, ABLV Group achieved a notable growth in 2011. This is evidenced by the bank's audited financial indicators:

Underwriting to ABLV Bank, AS first public offer of bonds has been completed. The investors were offered bonds in EUR and USD with maturity term of 2 years.

As early as at the end of 2010, ABLV management announced its plans to work with profit in 2011, and those plans are being successfully implemented. Due to growing amount of deposits and commission income, as well as excellent investment activities, the Group’s profit amounted to LVL 20.7 million as at 30 September 2011, whereas the bank’s profit was equal to LVL 19.6 million.

From 8 July till 2 October this year, a collection brought by world famous fashion historian Alexandre Vassiliev from Paris will be exhibited in Riga Museum of Decorative Arts and Design. The exhibition is named “From mini to maxi. The fashion of 1960s” and is already a third dress exhibition presented by Alexandre Vassiliev in Riga with support of ABLV Bank.

Properly chosen business strategy enabled ABLV Bank to achieve and even surpass its financial targets. Clients high activity in first quarter of 2011 facilitated great financial performance demonstrated by ABLV.

Aizkraukles Banka has changed its name and implemented the bank’s new brand. From now on, its name will be ABLV Bank, AS. Alongside with the change of name and visual identity, the bank has completed the process of changing its business line, which is aimed at rendering tailored financial services in accordance with the highest standards.