Wealthy Families

Each of us has a family, and for many of our customers it has become a major priority. Especially for those clients, who have completed an active business and successfully sold it.

Entrusting us with care of your funds, you will be able to:

Contact your private banker to receive a solution
tailored exactly to your needs!

  • Reliability of the payment card

    In his frequent travels our client uses ABLV payment cards thanks to their major advantages – a separate card account, competitive prices and most importantly SMS-notification of transactions made with the card.
    • During one trip a defrauder took possession of the client’s card data and made several fraud purchases. Due to SMS-notification service the fraud was stated and the card was blocked thus allowing saving the client's money.

      We replaced the blocked card with a new one as well as provided the client with the necessary information about fraudulent transactions.

    • Although the client underwent minor losses, he is very grateful to us, since we managed to save much more money both on his card account and on a separate current account. This case proved again that the client had chosen the appropriate financial partner.

    Vladislavs Serdjuks

    Head of Private Banking Department North

  • Secure investment in the company's development

    Our client planned opening a business in a neighboring country. He appointed his nephew as the head of this new business.
    • The client was trustful to his relative but at the same time he understood that the family ties played against him in terms of control and discipline. Moreover, the country was known for its specific risks.

      The money for the new business development can be invested in different ways, but our client has chosen a fiduciary contract as the most rational option. Thus, funds for business development were sent as a bank loan with the credit rate fixed by the client.

    • Credit obligations and strict repayment schedule disciplined our client’s nephew. At the same time credit interests reduced the borrower's income tax base. We provided a competent legal performance of the transaction, and now we’re regularly monitoring the execution of payments.

    Andrejs Jermoņins

    Head of Private Banking Department South