Banking

ABLV Bank finances the production of flexible packaging in Ventspils

Riga, Latvia, February 2, 2017, 11:00 / Banking

On 1 February, “Immer Digital’’ has opened its flexible packaging material factory in Ventspils. The factory is the largest factory of such type in Northern Europe. The project attracted financing exceeding EUR 5m, almost part of it being granted by ABLV Bank, while the remaining part — private equity and co-financing of Development Finance Institution “Altum”.

On Changes in AmberStone Group, AS Holding Structure

Riga, Latvia, January 31, 2017, 14:16 / Banking

SIA “Vaiņodes Bekons”, a subsidiary of AmberStone Group, AS holding company, disposed of all its SIA “IZ SPV” capital shares (100%).

Mobile Digipass, savings for children, and other winter innovations

Riga, Latvia, January 26, 2017, 17:22 / Banking

New issues of ABLV Bank bonds, tax reliefs under Russian securities, savings for children, investments in commercial properties, corporate finance advisory, flexible Internetbank management fitting clients’ business scale, and new mobile Digipass — these are the main improvements from many in our products and services, which are implemented or forthcoming for clients’ convenience.

Rates and charges for lending to individuals amended

Riga, Latvia, January 4, 2017, 08:18 / Banking

As from 1 February 2017, we alter charges for amendments to conditions of mortgage loans of individuals, as well as prices of some services related to crediting of individuals.

ABLV Bank performed issue of employee shares

Riga, Latvia, January 2, 2017, 13:42 / Banking

On 29 December 2016, during the Extraordinary Meeting of Shareholders of ABLV Bank, AS a decision was made to increase the bank’s share capital with a special purpose by issuing 300 000 employee shares.

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