Riga, Latvia, 2014-05-27 18:40 CEST (GLOBE NEWSWIRE) -- The Financial and Capital Market Commission (FCMC) approved the annexes to the Base Prospectuses of the First, Second and Third ABLV Bank Bond Offer programmes.
The annexes to the Base Prospectuses of Bond Offer programmes have been made in accordance with the requirements of the clause N. 575/2013 63 of the EU and Council Regulations that limit the rights of an issuer to redeem prematurely subordinated bonds in the secondary market first five years after the date of the issue. Within this programme corresponding amendments to the final regulations of the issue of subordinated bonds have been applied.
ABLV Bank, AS, 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 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; New Hanza City, SIA, and other companies. ABLV Group has representative offices in Moscow, St. Petersburg, Yekaterinburg, Vladivostok, Kiev, Odessa, Minsk, Almaty, Dushanbe, Baku, Tashkent, and Limassol.
Ilmārs Jargans
Head of Public Relations Department
ABLV Bank, AS
Tel.: +371 6777 5296
e-mail: ilmars.jargans@ablv.com