According to the provisions of the Law on Credit Institutions, ABLV Bank, AS (the Company) in liquidation is hereby publishing the operative report for September 2021. In September, 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.

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 2021. 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.

In 2021, the Liquidation Committee of ABLV Bank, AS in liquidation (the Company) continued the liquidation process and cooperation with stakeholders, including state institutions, thus ensuring professional management, transparency and openness of liquidation under the supervision of the Financial and Capital Market Commission (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 2021. 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.

Please be informed that on 1 October 2021 there shall be amendments in the Rates and Charges of ABLV Bank, AS in liquidation (hereinafter – the Company) entering into effect.

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 2021. In June, 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 6 July 2021, 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 first phase of the deal between ABLV Bank in liquidation and Citadele for the sale of the majority of ABLV Bank in liquidation’s mortgage portfolio has been completed. Citadele has purchased several thousand mortgage agreements totalling more than €120 million.

In July 2021, there shall be certain changes taking place in the Liquidation Committee of ABLV Bank, AS in liquidation (the Company).

Please be informed that given the official national holidays in Latvia, ABLV Bank, AS in liquidation (the Company) shall not be open for business from 23 June till 25 June (inclusive).