Initial placement of the first bonds of New Hanza Capital, a company investing in real estate, has been completed successfully. During the subscription, there were bond purchase applications received of almost double amount as the amount of issue, therefore applications of some investors were satisfied partially.

In cooperation with one of the Germany’s leading alternative investment fund management service providers IntReal, New Hanza Capital Fund 2017, an alternative real estate investment fund, was established in September 2017.

September brought back optimism to global stock markets triggered both by good economic data reports and by desire of the investors to buy stocks that became cheaper in price. From mid-May to end of August, stocks of European companies dropped on average by more than 7%. It is therefore no surprise that prices got more attractive for the market players, and along with the change of moods followed the buy-up of European stocks.

On 29 September 2017, a meeting of ABLV Bank shareholders was held, at which the bank’s Council was elected for a 5-year term of office, and the number of the Members of the Council was increased to five. Four current Members of the Council Oļegs Fiļs, Jānis Krīgers, Jānis Butkevičs, and Aivis Ronis were re-elected, and Aleksandrs Rjabovs became the fifth Member of the Council.

Payment card offer optimization, financing of goods exported from Ukraine, letter of credit financing, LEI for legal entities to make financial instruments transactions, New Hanza Capital bond issue, new issues of ABLV Bank bonds, management of funds allocated to second pension pillar, and mobile Digipass for Android — these are only some of the innovations in our products and services, which have been introduced or will be implemented within a month for our clients’ convenience.

In August, the relatively peaceful moods that were observed on the global stock market over this year were interrupted by rapid escalation of geopolitical tension. For the entire month, headlines of the global mass media were all about the nuclear programme of North Korea, which is massively increasing its military capacity despite the international moratorium and sanctions.

On 3 November 2017, in the conference hall of the National Library of Latvia one of the most significant real estate events in the Baltics will take place — Baltic Real Estate Leaders Forum 2017. This year nearly 400 leading Baltic real estate professionals, experts and developers are attending the forum to discuss current issues in the real estate segment and give their forecasts regarding the future development of the sector.

We would like to informthat on 2 October 2017 the amendments to the regulations, prospectuses and basic information for investors of the ABLV Asset Management, IPAS managed investment funds is entering into force due to new provisions of the Law on Investment Companies.

ABLV Bank results in H1 2017 allow expecting achievement of the objectives set for this year. All the bank’s major performance indicators remain high, including capital adequacy and liquidity ratios.

On 28^nd of August, 2017, coupons under ABLV FXD USD 270219 (LV0000802239) and ABLV FXD EUR 270219 (LV0000802247) bonds were paid out according to the following parameters: