Tax advantages for bondholders, new issues of ABLV bonds, new investment strategy and lombard lending for clients of ABLV Bank Luxembourg, refined oil products swaps, uniform courier mail rates and charges, modern premises of representative office in Moscow — these are the main improvements in our products and services, which will be implemented in the following months for our clients' convenience.

For the ninth year in a row, the corporate charitable foundation ABLV Charitable Foundation is organising a Christmas charitable campaign, in which all members of the general public, who wish to support the Foundation’s objectives, are invited to make donations.

In Q3 2015, ABLV Bank, AS gained the profit of EUR 60.4 million. The bank’s other key performance indicators remained high, although quite an uncertain situation persisted in several target markets, and we paid great attention to risk management. Despite the complicated year in international economics and politics, the financial and growth objectives set for 2015 will be achieved.

From 1 January 2016, the rates and charges of courier mail dispatch will become more evident. Earlier, the charge for courier mail dispatch to the customer was equal to actual expenses, but from the said date, particular charges will be effective depending on the mail destination.

At the awarding ceremony on 22 October 2015, the Red Jackets movement that supports exporters in the Palladium concert hall nominated 25 best Latvian exporters, and ABLV Bank was nominated among them.

On 15 December 2015, edition 30 of ABLV Bank, AS General Terms of Business will become effective, and it includes amendments regarding payments, authentication means, services available over the telephone, and other provisions.

Structural reorganization of real estate companies under ABLV Group has successfully concluded. As a result, three groups of companies have been established.

Transactional commodity trade finance, loan against company’s business value, new mutual fund and bond issues, better insurance conditions, new Pillar home page, apartments meeting high living standards, simplified logging in to the Internetbank for iPhone and iPad — these are the main improvements in products and services that will be implemented in the following months.

In H1 2015, ABLV Bank, AS gained the profit of EUR 43.5 million. The bank’s other key performance indicators remain high as well, despite complex and strained situation persistent in several target markets, and according to our business model greater attention is paid to risk management. Therefore, we can be confident about achieving the financial and growth targets set for 2015.

Continuing a long-established tradition of holding ABLV summer events, last Saturday, on 25^th of July 2015, in Ozo Golf Club an annual ABLV Invitational Golf Tournament took place. In this tournament, 92 golfers took part, among whom there were Latvian and foreign clients, business partners, ABLV group employees, as well as the members of Ozo Golf.