News

About performance of ABLV open-end mutual funds in May

Riga, Latvia, June 5, 2013, 17:22 / Investments

In May, trends of the previous months continued on the global stock market – markets of developed countries were growing, and those of most emerging countries declined.

ABLV Bank back-office moves to new office building in Riga, at 7 Skanstes Street

Riga, Latvia, June 4, 2013, 09:15 / Banking

Starting from the beginning of June this year, back-office of ABLV Bank, AS, will step-by-step move to the business centre Jupiter Centre, located at 7 Skanstes Street, bldg. 1 (at Sporta and Skanstes Streets crossing).

New investment opportunities for ABLV customers

Riga, Latvia, June 3, 2013, 10:47 / Investments

Starting from the 3rd of June this year, ABLV Group will offer new investment opportunities to its customers. The range of our open-end mutual funds is expanded by adding two new corporate bond funds: ABLV European Corporate EUR Bond Fund and ABLV Global Corporate USD Bond Fund.

Changes in the rates and charges

Riga, Latvia, June 3, 2013, 10:30 / Banking

On 3 June 2013, changes in the rates and charges “Brokerage Services” and “Financing against Pledge of Investment Portfolio” become effective.

OECD is looking for ways to increase corporate taxes

Riga, Latvia, May 30, 2013, 14:00 / Industry News / Jurisdiction: OECD

National austerity measures taken by OECD member governments as a result of the financial crisis have sparked voter anger at the way big international companies shift profits around the world to cut their tax bills.

Tax information exchange agreement between Latvia and Jersey signed

Riga, Latvia, May 29, 2013, 15:00 / Industry News / Jurisdictions: Latvia, Jersey

Latvia and Jersey signed a tax information exchange agreement (TIEA) at the Latvian Embassy in London. The agreement was signed by the Assistant Chief Minister with responsibility for External Relations, Senator Sir Philip Bailhache, and the Latvian Ambassador, His Excellency Eduards Stiprais.

ABLV Bank, AS profit for the first quarter of 2013 increased by 57% vs corresponding period of 2012

Riga, Latvia, May 20, 2013, 09:45 / Banking

The results of Q1 allow expecting achievement of the objectives set for 2013. All the bank’s major performance indicators remain high, including capital adequacy and liquidity ratios.

ABLV Bank, AS offers customers four more bond issues

Riga, Latvia, May 17, 2013, 14:00 / Investments

Continuing its bond issue programme, ABLV Bank, AS will perform four new bond issues. The issues will be performed under the Third Bond Offer Programme, and the bonds will be admitted to the regulated market – NASDAQ OMX Riga list of debt securities.

Pillar completed renovation of the splendid house in Riga – Elizabetes Park House

Riga, Latvia, May 16, 2013, 10:00 / Banking

Real estate development company Pillar, a part of ABLV Group, has completed and put into commission one of the most exclusive real estate projects in Riga – Elizabetes Park House. The building is located in Riga centre, at Elizabetes 21a.

ABLV Bank, AS will continue bond issue programme

Riga, Latvia, May 13, 2013, 13:55 / Investments

On 9 May 2013, the Council of the Financial and Capital Market Commission (FCMC) approved registration of the Base Prospectus of ABLV Bank, AS, Third Bond Offer Programme, allowing the bank to perform public offering of debt securities amounting to LVL 200 000 000 or equivalent amount in EUR or USD.

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