News

To minimise further losses ABLV Bank Luxembourg, S.A. has agreed to the start of the judicial liquidation process

Riga, Latvia, June 26, 2019, 17:26 / Banking

Given significant financial losses over the extended period since March 2018 and in order to protect the interests of the depositors and shareholders, ABLV Bank Luxembourg, S.A. has decided to agree to the start of the judicial liquidation process.

On Changing Face Value of Issued Bonds

Riga, Latvia, June 17, 2019, 17:00 / Investments

Liquidation Committee of ABLV Bank, AS in liquidation (hereinafter – the Company) has made a decision to carry out change of face value for each bond of all bonds issued by the Company to EUR 0.01 applied to all bonds with face value expressed in EUR, and to USD 0.01 applied to all bonds with face value expressed in USD.

IBAS licence for rendering investment services withdrawn

Riga, Latvia, May 30, 2019, 11:53 / Investments

Following the request from the investment brokerage company ABLV Capital Markets, IBAS, the company's licence for rendering investment services was withdrawn by the Financial and Capital Market Commission on 28 May this year.

On Changes in Liquidation Committee

Riga, Latvia, May 28, 2019, 12:45 / Banking

On 28 May 2019, at a regular shareholders’ meeting, the shareholders of ABLV Bank, AS in liquidation (Company) made a decision on changes in the Liquidation Committee. Given the agreement made upon taking the position, on 1 June 2019 the leading partner of Sorainen Latvian office and sworn attorney Eva Berlaus will resign from a position of a liquidator (last day in position of liquidator – 31 May 2019).

On Change of Legal Address

Riga, Latvia, May 13, 2019, 10:48 / Banking

This is to inform that starting from 10 May 2019 legal and actual address of ABLV Bank, AS in liquidation (hereinafter – the Company) is at Building 1, 7 Skanstes St., Riga, LV-1013.

On Changes in Customer Service Hours

Riga, Latvia, April 16, 2019, 10:46 / Banking

This is to inform that due to business optimisation starting from 1 June 2019 there will be changes introduced in customer service hours of ABLV Bank, AS in liquidation.

Amendments in Relation to ABLV Mutual Funds

Riga, Latvia, April 4, 2019, 09:41 / Investments

This is to inform that on 27 March 2019 the Financial and Capital Market Commission registered amendments to the prospectus, regulations and basic information for investors of mutual funds under management of ABLV Asset Management, IPAS that were introduced due to updating of fund performance data as well as updating of information on the Auditor and the Fund manager.

On changes in the rates and charges

Riga, Latvia, April 2, 2019, 16:48 / Banking

Please be informed about changes to the rates and charges of ABLV Bank, AS in liquidation that will be effective from 1 May this year.

Audited Report of ABLV Bank, AS in Liquidation for Year 2018

Riga, Latvia, March 27, 2019, 09:48 / Banking

Liquidation Committee of ABLV Bank, AS in liquidation (hereinafter - the Company) has approved the audited financial report of the Company for the year 2018. The audit of the 2018 Financial Report was carried out by Nexia Audit Advice, SIA, a firm of sworn auditors.

About Amendments to the General Terms of Business of ABLV Bank, AS in Liquidation

Riga, Latvia, March 22, 2019, 14:03 / Banking

ABLV Bank, AS in liquidation hereby informs that on 21 March 2019 the Liquidation Committee of ABLV Bank, AS in liquidation approved the amendments to the General Terms of Business of ABLV Bank, AS in liquidation, which shall enter into force on 22 April 2019.

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