Banks, Financial Services, Latvia

International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 06:32

ABLV Bank to issue debt securities worth EUR 400 mln

BC, Riga, 28.04.2016.Print version
The Latvian Finance and Capital Market Commission on Thursday decided to register the base prospects of the issue of ABLV Bank bonds, which provides for issue of debt securities worth EUR 400 million or the equivalent amount in US dollars, informs LETA.

The specific maturity period, nominal value, size of the particular issue and other conditions to be prescribed in the final terms of the given public offering.

 

ABLV Bank started public issues of bonds in 2011.

 

ABLV Bank earned EUR 69 million in profit in 2015. Assets of ABLV Bank stood at EUR 4.93 billion on December 31, 2015.

 

ABLV Bank’s major shareholders – Olegs Fils, Ernests Bernis and Nika Berne – directly and indirectly hold 86.25% of the bank's voting share capital.

 

ABLV group includes c, ABLV Bank Luxembourg, ABLV Capital Markets, ABLV Asset Management, Pillar Holding Company, ABLV Consulting Services, ABLV Corporate Services, New Hanza City and other companies. The group has representations in Moscow, St.Petersburg, Vladivostok, Kyiv, Odessa, Minsk, Almaty, Baku, Taskent Hong-Kong and Limassol.






Search site