News

Extended customer service hours in the bank’s central office

Riga, Latvia, October 29, 2013, 10:40 / Banking

Considering customers’ wishes and improving our service, from now on customer service hours in the bank’s central office in Riga, at 23 Elizabetes Street, will be extended.

ABLV Bank, AS, issued subordinated bonds

Riga, Latvia, October 23, 2013, 09:45 / Investments

On 23 October this year, ABLV Bank, AS, issued new subordinated bonds, the total amount of which equalled USD 15 000 000 at face value. The bonds were purchased by 26 customers of the bank. The issue was performed under the Third Bond Offer Programme, and the bonds are planned to be admitted to the regulated market – NASDAQ OMX Riga list of debt securities – on 25 October.

ABLV Bank, AS, issues new coupon bonds

Riga, Latvia, October 16, 2013, 16:20 / Investments

Continuing the bond issue programme, ABLV Bank, AS, has issued new coupon bonds to the amount of USD 50 000 000. The issue was performed under the Third Bond Offer Programme, and on 17 October the bonds will be admitted to the regulated market – NASDAQ OMX Riga list of debt securities.

Coupon payment under ABLV FXY USD 151013 bonds

Riga, Latvia, October 15, 2013, 11:24 / Investments

On 15th of October, 2013 coupons under ABLV FXY USD 151013 (ISIN LV0000801033) bonds were paid out according to the following parameters:

Pillar group sales over nine months amounted to 24.8 million euro

Riga, Latvia, October 15, 2013, 09:15 / Investments

In Q3 2013, the upswing in real estate market was continued. Alongside the overall market growth, the sales of real estate development and trading group Pillar significantly increased as well. The company sold properties for the total amount of 24.8 million euro over nine months. Whereas during the whole 2012, Pillar sold properties for 15.7 million euro.

Management company comment about ABLV open-end mutual funds in September

Riga, Latvia, October 7, 2013, 10:42 / Investments

In the first half of September, the attention of investors in the global financial markets was focused on the upcoming meeting of the US Federal Reserve (hereinafter referred to as Fed).

ABLV Bank, AS, increases its equity

Riga, Latvia, October 3, 2013, 10:47 / Banking

On 30th of September this year, there was an extraordinary general meeting of ABLV Bank, AS, shareholders held. At the general meeting shareholders decided to approve ABLV Bank, AS, condensed consolidated financial report for the first half of 2013. Shareholders decided to leave the bank’s profit for the first half of 2013 undistributed and to include it in full in the bank’s Tier 1 equity capital. The bank’s profit for the first half of this year is equal to LVL 15 153 829.

ABLV Bank, AS, prematurely redeemed two issues of subordinated bonds

Riga, Latvia, October 1, 2013, 17:00 / Investments

ABLV Bank, AS, performed premature redemption of two subordinated bond issues that took place in 2008. On 1 October 2013, the bonds in EUR (ISIN: LV0000800712) and USD (ISIN: LV0000800720) were redeemed at their face value.

ABLV Bank placed bronze bull sculpture in New Hanza City territory

Riga, Latvia, September 20, 2013, 13:44 / Banking

Celebrating ABLV Bank 20th anniversary, there was bronze bull sculpture placed in the territory of future financial and business centre New Hanza City in Riga. The sculpture motto is Labor Omnia Vincit (Work conquers all), and it stands for the power of work, determination, self-belief, and confidence about the chosen path. This motto is ‘inherited’ from the one placed on the art nouveau building at 23 Elizabetes Street, where the bank’s central office is located.

ABLV Bank Luxembourg products and services

Riga, Latvia, September 17, 2013, 10:40 / Banking

Fiduciary and overnight deposits, advisory investment management, likewise convenient and intuitive Internetbank, high ABLV customer service level, and traditions of biggest European investment centre – these are the major advantages of products and services, which will be offered by ABLV Bank Luxembourg, S.A from 17 September.

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