ABLV Bank, AS established affiliate company ABLV Corporate Finance, SIA

Riga, Latvia, January 11, 2017, 11:03 / Advisory

New company is added to ABLV Group – ABLV Corporate Finance, SIA, which will offer professional assistance in arrangement and execution of capital raising transactions and companies purchase and sale transactions to existing and prospective clients of the group.

ABLV Group has considerable experience in rendering services to corporate clients, including advice on business structuring, arrangement and performance of bond issues, as well as provision of similar services requiring involvement of highly qualified experts in this field.

The members of the board of the new company will be Arvīds Kostomārovs – experienced business advisory manager, and Vadims Reinfelds, Deputy Chief Executive Officer of ABLV Bank, AS.

This announcement contains inside information.

ABLV Bank, AS is the largest independent private bank in Latvia. The bank’s major shareholders Oļegs Fiļs, Ernests Bernis and Nika Berne directly and indirectly hold 86.55 % of the Bank's voting share capital. 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; Pillar Development, 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.

Ilmārs Jargans

Head of Public Relations Department
ABLV Bank, AS
Tel.: +371 6777 5296
e-mail: ilmars.jargans@ablv.com