Banking

For the Second Year in a Row Riga Shipping Dinner Gathers Shipowners

Riga, Latvia, May 2, 2017, 17:13 / Banking

On 27 April 2017, an event for shipowners and representatives of companies operating in shipping sector – Riga Shipping Dinner 2017 – took place for the second time. The event was aimed at establishing and maintaining professional contacts between shipowners and top-level executives of companies operating in shipping sector.

Board of ABLV Bank Re-elected, Consisting of Current Board Members

Riga, Latvia, April 25, 2017, 16:00 / Banking

The Council of ABLV Bank re-elected the Board in the current composition for the next 5-year term of office, i.e., ending on 1 May 2022. Re-election of the composition of the Board is registered in the Commercial Register of the Register of Enterprises on 25 April.

ABLV Bank shareholders approved results of 2016 and made decision on payment of dividends

Riga, Latvia, April 21, 2017, 17:21 / Banking

On 21 April 2017, ordinary meeting of ABLV Bank, AS shareholders was held. At the meeting, the bank’s consolidated and separate annual report for 2016 were approved, decisions on allocation of the bank’s profit for 2016 were made, and other matters were considered.

General Terms of Business are amended to improve procedure of rendering services

Riga, Latvia, April 6, 2017, 11:57 / Banking

Please be informed that on 1 May 2017 the new 35th edition of ABLV Bank, AS General Terms of Business shall come into effect. The amendments are related to the innovations in the services and products as was announced in spring product release, and to the improvement of the procedure of rendering certain currently offered services.

ABLV Bank Increases Share Capital

Riga, Latvia, April 4, 2017, 15:00 / Banking

An extraordinary meeting of ABLV Bank, AS shareholders was held on 31 March 2017. At the meeting, decisions were made on the increase of the bank’s share capital and approval of the terms of share capital increase, and on the appropriate amendments to the bank’s Articles of Association. In addition, members of the Audit Committee were elected, as well as other matters included in the agenda were considered and related documents were reviewed.

One-click payments, improved overdraft terms and other spring news

Riga, Latvia, March 30, 2017, 10:00 / Banking

Loans against pledge of investment portfolio in Luxembourg, improved terms and conditions for unsecured overdraft on current account, CASCO and MTPL insurance, restrictions for users of code cards, one-click payments and a whole list of other improvements in our Internetbank — all these things have already been or are about to be implemented for clients’ convenience in the near future.

ABLV Bank — General Sponsor of Riga Shipping Dinner 2017

Riga, Latvia, March 22, 2017, 12:31 / Banking

On 27 April, the second annual event for shippers — Riga Shipping Dinner 2017 — is taking place in Riga. The event is organised and initiated by the group of companies specializing in insurance of shipping risks, ship sale and maritime law — Marine Services Group, whereas ABLV Bank is the general sponsor of the gala dinner, as well as the organiser of a seminar for the participants of the event.

ABLV Bank audited results for 2016 approved

Riga, Latvia, March 17, 2017, 15:25 / Banking

ABLV Bank Council and Board approved the bank’s and the group’s audited report for 2016. The bank gained profit of EUR 79.3 million in 2016.

About changes concerning ABLV mutual funds

Riga, Latvia, March 15, 2017, 14:01 / Banking

We would like to inform that amendments to several documents of ABLV mutual funds become effective on 15 March 2017.

Unaudited profit of ABLV Bank for 2016 – EUR 79.3 million

Riga, Latvia, February 27, 2017, 09:29 / Banking

Although last financial year can be said to be full of surprises, price fluctuations that were hard to explain, and historic turns, as well as the overall economic growth slowed down, ABLV Bank managed to achieve and surpass the planned results, gaining the historically highest profit so far.