Banking

New Auditor of ABLV Bank, AS in Liquidation Financial Reports Is Appointed

Riga, Latvia, December 28, 2018, 11:42 / Banking

On 27 December 2018, there was an extraordinary meeting of ABLV Bank, AS in liquidation shareholders held where an issue about election of a new auditor of financial reports was viewed.

Calendar of Public Announcements of ABLV Bank, AS in Liquidation for 2019

Riga, Latvia, December 17, 2018, 10:35 / Banking

Calendar of Public Announcements of ABLV Bank, AS in Liquidation for 2019.

On Changes in Client Service Procedure

Riga, Latvia, November 21, 2018, 10:45 / Banking

Please be informed that starting from 14 December 2018 we will be servicing all clients at the office of ABLV Bank, AS in liquidation in Riga at 7/1 Skanstes Street, while mortgage loan clients will be serviced here already starting from 4 December.

On Amendments in Client Service Schedule

Riga, Latvia, November 8, 2018, 10:00 / Banking

Please be informed that on Monday, 19 November 2018, ABLV Bank, AS in liquidation, as well as ABLV Asset Management, IPAS and ABLV Capital Markets, IBAS do not serve clients, because there is a national holiday announced in the country due to the day of celebration of the proclamation of the Republic of Latvia.

Shareholders of ABLV Bank, AS in Liquidation Approve 2017 Financial Report

Riga, Latvia, November 6, 2018, 10:08 / Banking

On 5 November 2018, a scheduled general meeting of shareholders of ABLV Bank, AS in liquidation took place, where the consolidated and separate financial report of the company for 2017 was approved.

On changes in the rates and charges

Riga, Latvia, November 1, 2018, 14:16 / Banking

Please be informed that changes in rendering particular services of ABLV Bank, AS in liquidation will become effective from 1 January 2019.

On Amendments in Financial Calendar of ABLV Bank, AS in Liquidation

Riga, Latvia, October 15, 2018, 13:18 / Banking

Given the decision of the European Central Bank (ECB) of 11 July 2018, by which there was a license of a credit institution withdrawn from ABLV Bank, AS in liquidation, there are amendments made in the financial calendar of the company.

ABLV Bank Luxembourg, S. A. Looks Forward to Complete Sales Process

Riga, Latvia, October 10, 2018, 16:39 / Banking

On 5th October 2018, the Luxembourg Commercial Court (Tribunal d’arrondissement de Luxembourg siégeant en matière commerciale) held a hearing regarding the request of ABLV Bank Luxembourg S.A. (further — the Bank) to extend the protection of the suspension-of-payments regime originally granted by the Luxembourg Commercial Court on 9 March 2018 and which ended on 9 September 2018.

98% of All Creditors’ Claims already Lodged

Riga, Latvia, September 28, 2018, 09:17 / Banking

There were almost 3,300 creditors who responded to the call of liquidators of ABLV Bank, AS in liquidation to lodge their claims by 18 September 2018, which makes the claims amount to slightly more than EUR 2 billion, which is 98% of the bank’s liabilities.

Redenomination of Bond Issues

Riga, Latvia, September 25, 2018, 11:54 / Banking

In accordance with the decision of the Liquidation Committee made on 20 August 2018, on 25 September 2018 the initial currency, the USD, of the bonds issued by ABLV Bank, AS in liquidation, namely, ABLV FXD USD 030719 (ISIN: LV0000802270), ABLV FXD USD 271019 (ISIN: LV0000802320) and ABLV SUB USD 171127 (ISIN: LV0000802361), shall be redenominated to EUR.

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