News

New Possibility – Precious Metals’ Account

April 2, 2012, 13:45 / Investments

Considering growing demand for solutions that allow investing funds in precious metals, we begin offering new investment product – Precious Metals’ Account.

ABLV work schedule during holidays

March 29, 2012, 17:00 / Banking

In accordance with the state official Easter holidays, our central office and customer service centres in Latvia will not work on the 6th and 9th of April.

ABLV Bank, AS Bonds to be Listed on NASDAQ OMX Riga

Riga, Latvia, March 15, 2012, 13:30 / Investments

Riga, Latvia, 15 March 2012. NASDAQ OMX Riga reports that as of March 19, 2012 ABLV Bank, AS bonds will be listed on the NASDAQ OMX Baltic Bond list. As a result of issuing bonds denominated in EUR and USD in three separate issues, ABLV Bank, AS raised funds from investors at total value over 33.6 million LVL.

Global Financial Market: Topical Issues of February 2012

March 12, 2012, 10:00 / Investments / Leonid Alshanskiy

Macroeconomic reports published in February, including those on GDP 2011, confirmed the increasing economic problems in Europe and Japan, while situation in the economies of U.S. and developing countries was more positive.

ABLV Bank Becomes a NASDAQ OMX Riga Member

Riga, Latvia, March 1, 2012, 10:00 / Investments

Riga, Latvia, 1 March 2012. NASDAQ OMX Riga informs that as of today ABLV Bank, AS has been granted stock exchange membership. Thus ABLV Bank is the twenty-seventh entity that has obtained NASDAQ OMX Riga member status.

ABLV Bank, AS closed 2011 with profit of LVL 19.1 million

February 28, 2012, 12:00 / Banking

Riga, Latvia, 28 February 2012. Following its chosen business strategy and implementing all planned measures, ABLV Group achieved a notable growth in 2011. This is evidenced by the bank's audited financial indicators:

Cyprus removed from Russia's notorious 'blacklist'

Riga, Latvia, February 24, 2012, 10:00 / Industry News / Jurisdictions: Russia, Cyprus

Russia's lower house of parliament, the Duma, has ratified the pending Protocol to the double tax avoidance agreement with Cyprus, confirming removal of the nation from Russia's notorious 'blacklist'.

Binding rulings and advance pricing agreements introduced in Lithuania

February 15, 2012, 10:00 / Industry News / Jurisdiction: Lithuania

In October 2011 the Lithuanian Tax Authority under the Ministry of Finance of the Republic if Lithuania approved the rules on filing an application for a biding ruling or APA, “Examination of applications, decision making und change”.

Global Financial Market: Results of January 2012

February 10, 2012, 15:25 / Investments / Leonid Alshanskiy

Macroeconomic reports published in January, including data on GDP of some countries in 2011, evidenced a significant slowdown in world economic growth at the end of the last year.

New rates and charges on deposits and savings accounts

January 30, 2012, 12:14 / Investments

On 1 February this year, changes in the rates and charges “Deposits and Savings Accounts” will become effective.