On changes in rates and charges and new servicing time

Riga, Latvia, February 28, 2020, 15:05 / Banking

Please be informed that on 1 May 2020 changes in the rates and charges of ABLV Bank, AS in liquidation (hereinafter — the Company) will come into force, increasing the fee for the following services:

  • amendments to the conditions of business loans, extension of their term, registration of pledge, novation or discharge of pledge, provision of consent to the actions with the pledged real estate and for other purposes;
  • amendments to the conditions of mortgage loans, registration of pledge, novation or discharge of pledge with public registers, provision of consent to the actions with the pledged real estate and for other purposes, registration of pledge discharge with the Land Register;
  • amendments to the conditions of consumer loans;
  • reference notarization, translation of documents or other services rendered by third parties;
  • preparation of statements and reports, as well as other references or letters and translation of these documents;
  • courier mail within Latvia.

As well as new fees will be introduced from 1 May 2020:

  • for the cancellation of insurance policy issued by the Company according to loan agreement;
  • for the preparation of non-standard documents in relation to mortgage loans.

We would like to remind you that the rates and charges are available in the Internetbank, as well as on the website of the Company www.ablv.com.

Simultaneously we would like to inform you that the Company’s clients and creditors servicing time will change from 1 April 2020 — further on, servicing of clients and creditors at Building 1, 7 Skanstes Street, Riga, and rendering of cash services at 23 Elizabetes Street, Riga, will be ensured:

  • from Monday to Thursday — from 9:00 to 17:00;
  • on Fridays — from 9:00 to 14:00.

We recommend keeping up to date with the latest information on the website of the Company www.ablv.com.