News

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

Riga, Latvia, October 7, 2016, 13:21 / Investments

September turned out to be rather complicated month for global financial markets. Following the quiet conditions in August, volatility at the markets was resumed due to actions taken by the central banks of the leading countries. First was the ECB session at the beginning of the month, which was expected by some market players to bring additional stimulation measures under the ECB monetary policy.

Payment cards for children, euro payments free of charge, and other autumn innovations

Riga, Latvia, September 29, 2016, 10:28 / Banking

We would like to bring your attention to payment cards for children starting from age seven, payments in euros free of charge and changes in the execution of payments in US dollars, new bond issues, more profitable conditions for card credits, payment cards in US dollars in Luxembourg, a new electronic code card, and other innovations in products and services, which are or will be implemented in the following months for your convenience.

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

Riga, Latvia, September 8, 2016, 11:12 / Investments

August was rather calm on global financial markets. In the midst of holiday season, there was not a lot of news, and given the absence of significant events, the investors opted for a waiting attitude.

ABLV Bank gained profit of EUR 45.3 million in H1 2016

Riga, Latvia, August 31, 2016, 09:42 / Banking

Although the first half of 2016 was marked by complex economic situation on some of the bank’s target markets, we managed to achieve and surpass the planned financial indicators, although adjustment of the bank’s business model has been initiated to ensure sustainability of the bank's operations.

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

Riga, Latvia, August 23, 2016, 16:48 / Investments

On 23rd of August, 2016, 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 220218 and ABLV FXD EUR 220218

Riga, Latvia, August 22, 2016, 16:32 / Investments

On 22nd of August, 2016, coupons under ABLV FXD USD 220218 (LV0000801991) and ABLV FXD EUR 220218 (LV0000802007) bonds were paid out according to the following parameters:

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

Riga, Latvia, August 5, 2016, 17:25 / Investments

In July, the prices on global financial markets kept growing for almost all types of assets. The panic of June due to the unexpected results of the referendum concerning the membership of Great Britain in the European Union subsided rather quickly, and investors returned to the market. It can be partly explained by common understanding that the process of Great Britain leaving the EU will be quite long, thus preventing strong negative consequences. The statements of central banks, especially the ECB and Bank of England, regarding their readiness to provide support to financial markets and defuse the effect caused by Brexit, if necessary, played their role as well.

About changes concerning ABLV mutual funds

Riga, Latvia, August 1, 2016, 15:36 / Investments

From 1 August 2016, changes in the following documents become effective:

Bank Held its Annual ABLV Invitational Golf Tournament

Riga, Latvia, July 27, 2016, 16:05 / Banking

On 23rd July 2016, the annual ABLV Invitational Golf Tournament took place in Ozo Golf Club already eighth time in a row. Each time the tournament becomes even more popular and significant, and now is considered one of the best in Latvia, which is confirmed by a large number of applications.

H1 2016 for Pillar: Transaction Amount Reaches 6.5 M Euros, Construction Works in New Hanza City Launched

Riga, Latvia, July 27, 2016, 09:10 / Investments

H1 2016 for Pillar was mainly marked by preparation for construction works in the territory of New Hanza City financial and recreation centre (NHC) located in the modern centre of Riga, namely, Skanste area, as well as by sales in the real estate portfolio.

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