Changes in the rates and charges

Riga, Latvia, June 3, 2013, 10:30 / Banking

On 3 June 2013, changes in the rates and charges “Brokerage Services” and “Financing against Pledge of Investment Portfolio” become effective.

Main changes:

  • In the rates and charges on brokerage services, fee for issuing investment certificates of new funds managed by ABLV Asset Management, IPAS – ABLV Global Corporate USD Bond Fund and ABLV European Corporate EUR Bond Fund – has been added.
  • In the rates and charges on financing against pledge of investment portfolio, margins and financing conditions under the said new funds managed by ABLV Asset Management, IPAS, have been added.

You can find current version of rates and charges here.

Also, we would like to inform that on the 1st of July this year additional changes in the rates and charges “Financing against Pledge of Investment Portfolio” will become effective, those changes being related to financing conditions under government and corporate bonds.

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

ABLV Bank, AS is the largest independent private bank in Latvia. The bank’s majority shareholders — Oļegs Fiļs, Ernests Bernis and Nika Berne – directly and indirectly hold 86% of the bank's share capital. ABLV Group includes ABLV Bank, AS; ABLV Bank Luxembourg, S.A.; ABLV Capital Markets, IBAS; ABLV Asset Management, IPAS; Pillar Holding Company, KS; ABLV Consulting Services, AS; ABLV Corporate Services, SIA; New Hanza City, SIA, and other companies. ABLV Group has representative offices in Moscow, St. Petersburg, Yekaterinburg, Kiev, Odessa, Minsk, Almaty, Dushanbe, Baku, and Tashkent.

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