As we continue ensuring transparency of the liquidation process, ABLV Bank is releasing Q1 2018 financial data.
Key financial indicators:
- As at 31 March 2018, the total amount of the bank’s assets reached EUR 2.44 billion, volume of deposits — EUR 1.63 billion, while loan portfolio constitutes EUR 897.6 million.
- The bank’s profit in Q1 2018 reached EUR 2.5 million.
- The bank’s capital and reserves amounted to EUR 350.4 million.
- The bank’s capital adequacy level as at 31 March 2018 was almost twice higher than the regulations require: capital adequacy of the bank reached 21.33% (while minimal requirement is 11.5%), and liquidity ratio was almost three times higher than the regulations require: 84.21% (while minimal requirement is 30%).
ABLV Group Communication Leader
ABLV Bank, AS
Tel.: +371 6700 2454