Amendments in Rates and Charges

Riga, Latvia, August 1, 2018, 11:13 / Banking

On 1 October 2018, the amendments to the Rates and Charges on the services of ABLV Bank, AS in liquidation shall enter into effect regarding the following services:

  • brokerage services and safekeeping of securities;
  • loans;
  • documentary operations;
  • cash services;
  • safe deposit boxes;
  • preparing statements and excerpts;
  • courier post.

Please note that the new rates for the financing against pledge of financial instruments enters into force already on 1 August 2018.

For the convenience of customers, now all Rates and Charges will be put in one document available in the Internetbank.

As reported earlier, on 11 July 2018 the European Central Bank (ECB) took a decision to withdraw the license of a credit institution of ABLV Bank, AS in liquidation. The bank immediately terminated provision of financial services without an appropriate license and closed the current and other accounts of all persons, who had had such accounts opened with ABLV Bank, AS.