According to the provisions of the Law on Credit Institutions, ABLV Bank, AS (the Company) in liquidation is hereby publishing the operative report for August 2020. In August, asset recovery and reviews of the buyers continued, and, following the order set forth by the law, the Company carried on providing information and responses to all parties involved, including some Latvian and foreign institutions.

On 1 October 2020 changes in the General Terms of Liquidation of ABLV Bank, AS in liquidation (hereinafter — the Company), but on 1 November 2020 changes in rates and charges of the Company will come into force.

In the 2nd quarter of 2020, the Liquidation Committee of ABLV Bank, AS in liquidation (hereinafter – the Company) proceeded with the liquidation process and cooperation with all the involved parties, including various state institutions, ensuring professional management, transparency and openness of the liquidation process under the supervision of the Financial and Capital Market Commission (hereinafter – the FCMC).

According to the provisions of the Law on Credit Institutions, ABLV Bank, AS (the Company) in liquidation is hereby publishing the operative report for July 2020. In July, asset recovery and reviews of the buyers continued, and, following the order set forth by the law, the Company carried on providing information and responses to all parties involved, including some Latvian and foreign institutions.

After the bonds issued by ABLV Bank, AS in liquidation (hereinafter — the Company) were excluded from the regulated market – Nasdaq Riga Bond List, on 15 July 2020 the accounting of bonds at Nasdaq CSD SE depository was terminated, as a result of which the Company has transferred the bonds into monetary claims.

According to the provisions of the Law on Credit Institutions, ABLV Bank, AS (the Company) in liquidation is hereby publishing the operative report for June 2020. Asset recovery and compliance review of asset buyers continued also in June; likewise, the Company continued providing information and answers to requests submitted by various state institutions.

On 3 July 2020, a meeting of shareholders of ABLV Bank, AS in liquidation took place. At this meeting, the shareholders appointed commercial company of sworn auditors Nexia Audit Advice, SIA (reg. No. 40003858822) for audit of the financial reports and preparing the statement.

The Board of Nasdaq Riga, AS has decided to exclude from the regulated market all bonds issued by ABLV Bank, AS in liquidation, determining June 30, 2020 as the last day of bond quotation.

ABLV Bank, AS in liquidation has submitted a request to Nasdaq Riga, AS, asking to exclude all the issued bonds from the regulated market.

According to the provisions of the Law on Credit Institutions, ABLV Bank, AS (the Company) in liquidation is hereby publishing the operative report for May 2020. Asset recovery and compliance review of asset buyers continued also in May; likewise, the Company continued providing information and answers to requests submitted by various state institutions.