More beneficial conditions of financing against pledge of investment portfolio

Riga, Latvia, November 30, 2012, 17:45 / Banking

On 1 December this year, new rates and charges on financing against pledge of investment portfolio will become effective.

Major changes:

  • credit limits have been increased for financing against pledge ABLV open-end mutual funds;
  • more favourable conditions have been set for financing against pledge of financial instruments in GBP, CAD, SEK, CHF, RUB, and LTL – requirements regarding collateral, including credit limits, will be equal within the single group of assets, regardless the currency of the financing and the pledged asset.

The new rates and charges will allow our customers to invest more actively and to efficiently manage their investment portfolios. More information about this service is available here.

You can find the new rates and charges here.

For more detailed information, please contact your private banker or call our Client Line at +371 6777 5555.

Ilmārs Jargans
Head of Public Relations Department
+371 6777 5296