On 21 September this year, there was ABLV Bank, AS extraordinary general meeting of shareholders held.

At the general meeting, shareholders decided to approve the bank’s condensed consolidated financial report for the first half of 2012, which was published on August 21, 2012, and also decided to include the bank’s profit for the first half of the year, equal to LVL 5 697 774, in the bank’s Tier 1 equity capital as retained profit.

ABLV Bank is the largest independent private bank in Latvia. The bank’s majority shareholders — Oļegs Fiļs, Ernests Bernis and Nika Berne – directly and indirectly hold 86% of the bank's share capital. ABLV Group includes ABLV Bank, AS; ABLV Capital Markets, IBAS; ABLV Asset Management, IPAS; ABLV Transform Partnership, KS; ABLV Consulting Services, AS; ABLV Corporate Services, SIA; New Hanza City, SIA, and other companies. ABLV Group has representative offices in Moscow, St. Petersburg, Yekaterinburg, Kiev, Odessa, Minsk, Almaty, Dushanbe, Baku, and Tashkent.

         Ilmārs Jargans
         Head of Public Relations Department
         ABLV Bank, AS
         Tel.: +371 6777 5296
         Mob.: +371 2866 0009
         e-mail: ilmars.jargans@ablv.com