On 13 October 2017, the Board of ABLV Bank, AS made the decision to exclude the subordinated bonds of the following issues from Tier 2 capital: ABLV SUB EUR 250622, ISIN LV0000800977; ABLV SUB USD 180323, ISIN LV0000801124; ABLV SUB USD 270623, ISIN LV0000801173; ABLV SUB EUR 270623, ISIN LV0000801181; ABLV SUB USD 231023, ISIN LV0000801223;  ABLV SUB EUR 271024, ISIN LV0000801520.

This announcement contains inside information.

ABLV Bank, AS is the largest independent private bank in Latvia. The bank’s major shareholders Oļegs Fiļs, Ernests Bernis and Nika Berne directly and indirectly hold 87.03% of the bank's voting share capital. ABLV Group includes ABLV Bank, AS; ABLV Bank Luxembourg, S.A.; ABLV Capital Markets, IBAS; ABLV Asset Management, IPAS; Pillar Holding Company, KS; ABLV Consulting Services, AS; ABLV Corporate Services, SIA; Pillar Development, SIA, and other companies. ABLV Consulting Services has representative offices in Moscow, St. Petersburg, Vladivostok, Kiev, Odessa, Minsk, Almaty, Baku, Tashkent, Hong Kong, and Limassol.

 

         Ilmārs Jargans
         Head of Public Relations Department
         ABLV Bank, AS
         Tel.: +371 6777 5296
         e-mail: ilmars.jargans@ablv.com