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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 |
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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 |
Upon getting more information on peculiarities of your business, we will advice you on the best type of financing, offer advantageous loan repayment schedule and interest rate type.
Depending on your intentions, we can offer you:
Contact your private banker to receive a solution
tailored exactly to your needs!
If you need to quickly increase the amount of funds available in your account, you can use overdrafts — this is the most convenient solution for receiving financing before receiving and incoming payment to your account.
If you need financing for acquiring real estate, we are ready to grant you a mortgage loan secured by real estate in Latvia.
When development of your business requires real estate to be acquired, renovated or improved, when you need to purchase transport vehicles, equipment or machinery, or to invest in new technologies or intangible assets, we will find the best financing solution for you.
If your business involves trade or manufacturing, you need to ensure proper range of offered products and inventory. A credit line is the best option for increasing your current assets.
Being actively engaged in international trade, you most probably have encountered a situation of current assets deficiency: when you expect payments for goods delivered or when you use current assets to purchase goods.
When you invest in securities, including purchase of investment funds’ shares or bonds issued by our bank, you acquire additional opportunities — to receive financing secured by pledge of financial instruments constituting your investment portfolio.
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.Head of Private Banking Department West
In this company there work a lot of drivers, and each of them has a payment card for settlements during their trips. One employee of the company is responsible for monitoring the balance on drivers’ card accounts. Unfortunately, in the described situation the driver’s card account hadn’t been replenished on time, although there was enough money on the company’s account. The banking day has closed and the private bankers serving this company's account left.
Fortunately, their colleague stayed in the office, and the head of the department, inputting transactions into the banking system, was still at work as well. All parties involved quickly coordinated their actions, as a result, in less than a half an hour, the driver was granted a bonus overdraft on his card account. The driver paid for the fuel and was able to continue his way without disrupting the schedule.
Head of Private Banking Department Latvia
