On 7 April 2020, at a regular shareholders’ meeting, the shareholders of ABLV Bank, AS in liquidation (the Company) approved the consolidated and separate financial report of the Company for the year 2019, as well as took decisions about changes in the Liquidation Committee.

This is to inform that taking into account the official state holidays in Latvia, ABLV Bank, AS in liquidations (the Company) this year will not be open for business on Friday, 10 April, and Monday, 13 April.

Due to measures intended to reduce the prevalence of COVID-19 coronavirus, we urge the clients to thoroughly evaluate the need for a face-to-face visit to ABLV Bank, AS in liquidation (hereinafter — the Company). Instead of that, we recommend you to use digital services these days — to make commitment payments by means of transfer, to use our Client line +371 6777 5555, Internetbank or post to communicate with the Company. The work of the Company is continuing at full scale, with only face-to-face contacts being limited in order to observe general precautions intended to limit the spread of the virus.

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

Liquidation Committee of ABLV Bank, AS in liquidation (hereinafter - the Company) has approved the audited financial report of the Company for the year 2019. The audit of the 2019 Financial Report was carried out by Nexia Audit Advice, SIA, a firm of sworn auditors.

Please be informed that on 1 May 2020 changes in the rates and charges of ABLV Bank, AS in liquidation (hereinafter — the Company) will come into force, increasing the fee for the following services:

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

It is surprising, how much attention has been brought to events in one bank, despite the fact that according to articles we see that procedural activities were carried out in around 20 different places. I believe it is in everyone’s best interest to deal with all the investigations in order to reach the truth about what has happened and what has not, to finally put an end to all the speculations - the liquidator of ABLV Bank, AS and member of the Liquidation Committee Andris Kovaļčuks confirms to Romāns Meļņiks.

On 28 January 2020 at the legal address of ABLV Bank in liquidation, at 7 Skanstes Street, Building 1, Riga, the representatives of the state law enforcement authorities carried out previously planned proceedings that were related to the need to check historical transactions of certain former clients of the bank and obtain documents sought. 

According to the provisions of the Law on Credit Institutions, ABLV Bank, AS (the Company) in liquidation is hereby publishing the operative report for December 2019. In December 2019, the recovery of assets continued, as well as verification of their buyers, and the Company continued providing information and answers to requests of various state institutions in accordance with the procedures provided by the law.