News

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

Riga, Latvia, September 4, 2015, 16:50 / Investments

In the global stock market, August turned out to be rather nervous and worrisome for investors. The first half of the month boded no ill, markets of Europe and China were gradually recovering after a slump at the end of July, US market indexes remained within narrow band close to record levels.

ABLV Bank performance in H1 2015

Riga, Latvia, August 25, 2015, 10:58 / Banking

In H1 2015, ABLV Bank, AS gained the profit of EUR 43.5 million. The bank’s other key performance indicators remain high as well, despite complex and strained situation persistent in several target markets, and according to our business model greater attention is paid to risk management. Therefore, we can be confident about achieving the financial and growth targets set for 2015.

Coupon payment under ABLV FXD USD 230217 and ABLV FXD EUR 230217

Riga, Latvia, August 24, 2015, 16:56 / Investments

On 24th of August, 2015, coupons under ABLV FXD USD 230217 (LV0000801645) and ABLV FXD EUR 230217 (LV0000801652) bonds were paid out according to the following parameters:

Coupon payment under ABLV FXD USD 170216 and ABLV FXD EUR 170216

Riga, Latvia, August 17, 2015, 13:30 / Investments

On 17th of August, 2015, coupons under ABLV FXD USD 170216 (LV0000801298) and ABLV FXD EUR 170216 (LV0000801306) bonds were paid out according to the following parameters:

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

Riga, Latvia, August 6, 2015, 15:28 / Investments

In July, global financial market remained rather volatile, and positive trends prevailed. At the beginning of the month, referendum was held in Greece to decide whether the country should agree to the creditors’ preconditions for providing another financial aid tranche to Greece.

ABLV Invitational Golf Tournament 2015

Riga, Latvia, July 29, 2015, 15:33 / Banking

Continuing a long-established tradition of holding ABLV summer events, last Saturday, on 25th of July 2015, in Ozo Golf Club an annual ABLV Invitational Golf Tournament took place. In this tournament, 92 golfers took part, among whom there were Latvian and foreign clients, business partners, ABLV group employees, as well as the members of Ozo Golf.

In the first half of the year, the sales results of the Pillar group reached EUR 7.7 million

Riga, Latvia, July 20, 2015, 08:30 / Investments

Following witnessed uncertainty in the real estate market in the first half of the year, in the second quarter positive and growing tendencies returned to the market. In the first six months, the Pillar group stroke deals for 180 properties that is half less than in the corresponding period of the last year when the sales results were the best in the history of the company.

ABLV Private Equity Fund 2010, KS, has sold its shares of AS Grindeks

Riga, Latvia, July 17, 2015, 16:37 / Investments

ABLV Private Equity Fund 2010, KS, has sold 2 172 437 public issue shares of joint stock company Grindeks to AmberStone Group, AS. These shares constitute 22.66% of the company’s share capital.

With ABLV Bank financial support Alexander Vassiliev exhibition again in Riga

Riga, Latvia, July 16, 2015, 16:01 / Banking

From 16 July to 25 October 2015, the Museum of Decorative Arts and Design in Riga (10/20 Skarņu Street) will host the exhibition “Invitation to the Centenary Ball. 1915–2015” presenting the most glamorous evening gowns from the private collection of the outstanding fashion historian Alexandre Vassiliev.

ABLV Bank Luxembourg has acquired the status of VISA Associate Membership

Riga, Latvia, July 13, 2015, 14:44 / Banking

The Risk Committee of the international payment system VISA Europe confirmed that ABLV Bank Luxembourg has become a member of VISA Associate Membership. Consequently, now the bank will be able to offer payment cards on its own behalf — starting from debit cards and up to premium VISA Platinum and Infinite payment cards.

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