ABLV Represented in USA

Riga, Latvia, April 14, 2016, 10:29 /

With the purpose of acquiring new target regions and being closer to its business partners, ABLV Advisory Services, SIA, a member of ABLV Group, has opened an office in the USA, one of the biggest countries of the world financial system.

The office is staffed, located in New York and has started operating.

The office in New York will focus on establishing mutually beneficial international business contacts for certain members of the ABLV Group as well as conducting research about the US regulatory environment. In compliance with Article V-B of the New York Banking Law, the office will not represent ABLV Bank, AS.

The head of the office is Charles J. Lansdown, a highly qualified expert with vast experience in the fields of correspondent relations, compliance, risk management and control, who previously held leading positions at HSH Nordbank.

ABLV Group is now represented in 10 countries; it has 12 representative offices in different cities and a subsidiary in Luxembourg, ABLV Bank Luxembourg, S.A.

ABLV Advisory Services, SIA is owned by the largest independent private bank in Latvia, ABLV Bank, AS. 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; ABLV Advisory Services, SIA; New Hanza City, SIA, and other companies. ABLV Group has representative offices in Moscow, St. Petersburg, Vladivostok, Kiev, Odessa, Minsk, Almaty, Baku, Tashkent, Hong Kong, Limassol and New York.