News and Reviews

On Changes in the Group of ABLV Bank, AS in Liquidation

Riga, Latvia, February 11, 2019, 08:03 / Banking

ABLV Bank, AS in liquidation (hereinafter – the Company) has carried out reorganisation of the companies of the group and within the framework of the reorganisation the Company’s subsidiary New Hanza Capital, AS has become an owner of 100% of shares of NHC 5, SIA. The Company retains indirect significant participation in the company NHC 5, SIA.

Protection of ABLV Bank Luxembourg, S.A. Extended in Anticipation of Sale Deal Closure

Riga, Latvia, February 7, 2019, 17:54 / Banking

On 7 February 2018, the Luxembourg Commercial Court (Tribunal d’arrondissement de Luxembourg siégeant en matière commerciale) has ruled to extend the suspension-of-payments protection status assigned to ABLV Bank Luxembourg, S.A. (hereinafter – the Bank) for another five months until July 4th, 2019.

On Changes in Liquidation Committee

Riga, Latvia, February 5, 2019, 11:27 / Banking

On Tuesday, 5 February 2019, on the meeting of shareholders of ABLV Bank, AS in liquidation there was a decision made about the changes in the Liquidation Committee. The shareholders appointed two new liquidators – Lauma Bērziņa and Ringolds Balodis, while Elvijs Vēbers shall resign from the position of the liquidator.

On Amendments to General Terms of Liquidation

Riga, Latvia, January 16, 2019, 14:21 / Banking

On 16 January 2019 a new, 5th edition of the General Terms of Liquidation of ABLV Bank, AS in Liquidation enter into force.

Duet Group Acquires ABLV Bank Luxembourg, S. A.

Riga, Latvia, January 16, 2019, 10:17 / Banking

On 8 January 2019 ABLV Bank, AS in liquidation and Duet Group Limited (Duet) have entered into share purchase agreement to acquire 100% of the shares of ABLV Bank Luxembourg, S. A (the Bank).

New Auditor of ABLV Bank, AS in Liquidation Financial Reports Is Appointed

Riga, Latvia, December 28, 2018, 11:42 / Banking

On 27 December 2018, there was an extraordinary meeting of ABLV Bank, AS in liquidation shareholders held where an issue about election of a new auditor of financial reports was viewed.

Calendar of Public Announcements of ABLV Bank, AS in Liquidation for 2019

Riga, Latvia, December 17, 2018, 10:35 / Banking

Calendar of Public Announcements of ABLV Bank, AS in Liquidation for 2019.

On Termination of Accounting of Discounted Value Increase of Subordinated Bonds

Riga, Latvia, December 4, 2018, 09:17 / Investments

ABLV Bank, AS in liquidation is hereby specifying the information released on 23 April 2018 about termination of accounting of interest income and coupon disbursement under all subordinated bonds, issued by the bank, since 19 February 2018.

Amendments in Relation to ABLV Mutual Funds

Riga, Latvia, November 28, 2018, 14:20 / Investments

This is to inform that on 5 November 2018 the Financial and Capital Market Commission registered amendments to the prospectus, regulations and basic information for investors of mutual funds under management of ABLV Asset Management, IPAS that were introduced due to choosing AS Baltic International Bank as the custodian bank for mutual funds managed by ABLV Asset Management, IPAS.

On Changes in Client Service Procedure

Riga, Latvia, November 21, 2018, 10:45 / Banking

Please be informed that starting from 14 December 2018 we will be servicing all clients at the office of ABLV Bank, AS in liquidation in Riga at 7/1 Skanstes Street, while mortgage loan clients will be serviced here already starting from 4 December.

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