News

Cyprus introduces a range of investment incentives to fight crisis

Riga, Latvia, July 5, 2013, 10:00 / / Jurisdiction: Cyprus

According to Cyprus Investment Promotion Agency, a number of new measures have been put into place by Cyprus recently, designed to reboot the economy in the wake of the massive restructuring of the country’s banking sector. The measures, among other things, aim at helping stimulate economic growth.

About performance of ABLV open-end mutual funds in June

Riga, Latvia, July 4, 2013, 14:45 / Investments

In June, global financial markets (stock and bond markets) both demonstrated simultaneous decline, which is possible when market movements are determined not by fundamental indicators, and not even by technical indicators, but by market sentiment.

On changes in Pillar Holding Company affiliate companies

Riga, Latvia, July 4, 2013, 09:36 / Banking

After completing several significant transactions, there have been changes regarding affiliate companies of real estate company Pillar Holding Company, KS, included in ABLV Group.

Coupon payment under ABLV SUB USD 270622 bonds

Riga, Latvia, June 27, 2013, 17:02 / Investments

On 27th of June, 2013 coupons under ABLV SUB USD 270622 (ISIN LV0000800985) bonds were paid out according to the following parameters:

ABLV Bank issued subordinated bonds worth USD 20 million and EUR 20 million

Riga, Latvia, June 27, 2013, 16:58 / Investments

ABLV Bank, AS completed two bond issues for the sake of raising subordinated capital under the Third Bond Offer Programme; the size of the issues was USD 20 million and EUR 20 million.

Coupon payment under ABLV FRN USD 211213 bonds

Riga, Latvia, June 21, 2013, 17:02 / Investments

On 21th of June, 2013 coupons under ABLV FRN USD 201213 (ISIN LV0000800928) bonds were paid out according to the following parameters:

Coupon payment under ABLV FRN USD 201213 bonds

Riga, Latvia, June 20, 2013, 17:02 / Investments

On 20th of June, 2013 coupons under ABLV FRN EUR 201213 (ISIN LV0000800910) bonds were paid out according to the following parameters:

ABLV Bank issued bonds worth USD 50 million and EUR 20 million

Riga, Latvia, June 20, 2013, 14:13 / Investments

Continuing gradual replacement of long-term deposits with bonds, ABLV Bank, AS, performed another bond issue under the Third Bond Offer Programme. This time, there were straight bonds worth USD 50 million and EUR 20 million issued.

New residence scheme in Malta for foreigners launched

Riga, Latvia, June 20, 2013, 10:00 / / Jurisdiction: Malta

A new residence programme for foreigners (non-EU) was launched on 1 June 2013, replacing the foreign residents' scheme which was controversially suspended in 2011.

About ABLV work Schedule during holidays

Riga, Latvia, June 18, 2013, 09:36 / Banking

On the 24th of June, despite state Ligo holidays in Latvia, ABLV will work as usual, except cash transactions and safe deposit box vault at ABLV Bank, AS, central office, which will be not available on this day. Loan center Maria will be closed on 24 June.

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