On the Reduction of Rate for Financing Against Pledge of Investment Portfolio

Riga, Latvia, May 3, 2013, 17:10 / Investments

The European Central Bank decided form 8 May 2013 to cut the interest rate in the eurozone by 0.25 percent points to the level of 0.50%.

Due to the above-mentioned, from 8 May 2013, we reduce the rate for financing in EUR against pledge of investment portfolio by 0.25 percent points.

Information on financing against pledge of investment portfolio is available here.

Ilmārs Jargans
Head of Public Relations Department
+371 6777 5296
ilmars.jargans@ablv.com