News

The value of assets in ABLV mutual funds exceeds EUR 100 million

Riga, Latvia, October 22, 2014, 09:00 / Investments

Despite the difficult geopolitical and macroeconomic situation resulting periodically in radical price fluctuations in the financial markets, our mutual funds managed by ABLV Asset Management, IPAS are showing rather good results.

During nine months the sales results of Pillar Group reached EUR 26.9 million

Riga, Latvia, October 21, 2014, 09:25 / Investments

Along with a general growth in the property market during nine months of this year, good results were shown by the property development and trading group Pillar that within 9 months has managed to sell properties with a value of EUR 26.9 million. Whereas in the same period last year the sales results equaled EUR 24.8 million.

Improved Internetbank for iPad and other innovations

Riga, Latvia, October 20, 2014, 17:33 / Banking

Starting with the 19th of October, use of our Internetbank becomes even more convenient due to new version of our application for iPad and improvements in our main Internetbank.

Coupon payment under ABLV FXD USD 161015 bonds

Riga, Latvia, October 16, 2014, 17:25 / Investments

On 16th of October, 2014, coupons under ABLV FXD USD 161015 (LV0000801215) bonds were paid out according to the following parameters:

ABLV Bank will participate in Intax Wealth Latvia conference

Riga, Latvia, October 15, 2014, 17:00 / Banking

From 22nd to 23rd of October in Riga already second in a row an international conference and exhibition Intax Wealth Latvia, dedicated to asset planning of individuals and wealth structuring of affluent clients, will take place. Our bank is one of the event’s sponsors.

ABLV Bank increased the share capital

Riga, Latvia, October 13, 2014, 16:54 / Banking

ABLV Bank, AS, increased the share capital by 249 230 EUR, having issued 249 230 employee shares without voting rights, nominal value of one share equals 1 EUR.

The architect bureau Schaller Kyncl Architekten Riga has joined Pillar group

Riga, Latvia, October 8, 2014, 11:00 / Investments

Having undertaken the development of the financial and business center New Hanza City (NHC), the property development and trading company Pillar has purchased the Riga’s office of the German architect bureau Schaller Kyncl Architekten Stuttgart. Thus, a new enterprise Schaller Kyncl Architekten Riga has joined Pillar group.

You are warmly invited to the conference — “International Real Estate Investments in Latvia 2014”

Riga, Latvia, October 7, 2014, 11:43 / Banking

With the support of ABLV Bank, on 30 of October 2014, in the conference hall at Radisson Blu Latvija the annual conference “International Real Estate Investments in Latvia 2014” will take place.

ABLV Bank carried out one of the biggest transactions in the transit area this year

Riga, Latvia, October 6, 2014, 10:00 / Banking

At the end of August, with the ABLV Bank participation, the deal of selling capital shares of the terminal “Ventamonjaks” that deals with transshipment of liquid ammonia at Ventspils Free Port was successfully completed. This deal has become one of the most significant deals made in the transit and cargo transportation area recently, with the financing of ABLV Bank amounting to 33 million euro.

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

Riga, Latvia, October 6, 2014, 09:30 / Investments

In September, the ECB and the FRS particularly influenced the global financial market as careful attention was compelled to the results of these meetings.

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