Banking

Operative Report of ABLV Bank, AS in Liquidation for July 2020

Riga, Latvia, August 12, 2020, 10:36 / Banking

According to the provisions of the Law on Credit Institutions, ABLV Bank, AS (the Company) in liquidation is hereby publishing the operative report for July 2020. In July, asset recovery and reviews of the buyers continued, and, following the order set forth by the law, the Company carried on providing information and responses to all parties involved, including some Latvian and foreign institutions.

On transfer of bonds issued by ABLV Bank, AS in liquidation into monetary claims

Riga, Latvia, July 16, 2020, 16:48 / Banking

After the bonds issued by ABLV Bank, AS in liquidation (hereinafter — the Company) were excluded from the regulated market – Nasdaq Riga Bond List, on 15 July 2020 the accounting of bonds at Nasdaq CSD SE depository was terminated, as a result of which the Company has transferred the bonds into monetary claims.

Operative Report of ABLV Bank, AS in Liquidation for June 2020

Riga, Latvia, July 14, 2020, 10:07 / Banking

According to the provisions of the Law on Credit Institutions, ABLV Bank, AS (the Company) in liquidation is hereby publishing the operative report for June 2020. Asset recovery and compliance review of asset buyers continued also in June; likewise, the Company continued providing information and answers to requests submitted by various state institutions.

New Auditor of Financial Reports of 2020 Appointed

Riga, Latvia, July 3, 2020, 11:35 / Banking

On 3 July 2020, a meeting of shareholders of ABLV Bank, AS in liquidation took place. At this meeting, the shareholders appointed commercial company of sworn auditors Nexia Audit Advice, SIA (reg. No. 40003858822) for audit of the financial reports and preparing the statement.

ABLV Bank, AS in liquidation bonds to be excluded from the regulated market as of July 1, 2020

Riga, Latvia, June 25, 2020, 13:35 / Banking

The Board of Nasdaq Riga, AS has decided to exclude from the regulated market all bonds issued by ABLV Bank, AS in liquidation, determining June 30, 2020 as the last day of bond quotation.

ABLV Bank, AS in liquidation requests bonds to be excluded from the regulated market

Riga, Latvia, June 19, 2020, 14:27 / Banking

ABLV Bank, AS in liquidation has submitted a request to Nasdaq Riga, AS, asking to exclude all the issued bonds from the regulated market.

Operative Report of ABLV Bank, AS in Liquidation for May 2020

Riga, Latvia, June 17, 2020, 07:30 / Banking

According to the provisions of the Law on Credit Institutions, ABLV Bank, AS (the Company) in liquidation is hereby publishing the operative report for May 2020. Asset recovery and compliance review of asset buyers continued also in May; likewise, the Company continued providing information and answers to requests submitted by various state institutions.

About Resuming Work After Proceedings Carried Out by the Law Enforcement Authorities

Riga, Latvia, June 15, 2020, 12:30 / Banking

On 13 June 2020 at the legal address of ABLV Bank, AS in liquidation at 7 Skanstes Street, building 1, in Riga, officials of the state law enforcement authorities carried out scheduled proceedings. These proceedings were carried out in the course of the criminal action initiated several years ago, which is in no way related to our current operation. ABLV Bank in liquidation cannot comment anything on the content of the proceedings.

Financial Report of ABLV Bank, AS in Liquidation for Three Months

Riga, Latvia, May 22, 2020, 14:00 / Banking

In the first quarter of 2020, the Liquidation Committee of ABLV Bank, AS in liquidation (the Company) continued the liquidation process and cooperation with stakeholders, including state institutions, thus ensuring professional management, transparency and openness of liquidation under the supervision of the Financial and Capital Market Commission (the FCMC).

Operative Report of ABLV Bank, AS in Liquidation for April 2020

Riga, Latvia, May 15, 2020, 09:06 / Banking

According to the provisions of the Law on Credit Institutions, ABLV Bank, AS (the Company) in liquidation is hereby publishing the operative report for April 2020. In April, the recovery of assets continued, as well as verification of their buyers, and the Company continued providing information and answers to requests of various state institutions in accordance with the procedures provided by the law.

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