ABLV Bank
Banking · New York, United States · 501-1,000 Employees
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Overview
Headquarters
52 Vanderbilt Ave Rm 1501, New York City...Phone Number
+371 67775222Website
www.ablv.comRevenue
$157.6 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
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About ABLV Bank
ABLV Bank, AS is undergoing a self-liquidation process initiated to satisfy creditor claims fully, as confirmed by the Bank of Latvia. The bank's assets exceed its liabilities, which was a crucial condition for the approval of the liquidation process by regulators. The liquidation committee, consisting of two approved liquidators, is responsible for overseeing this unprecedented self-liquidation process in Latvia and Europe. The bank aims to protect the interests of its clients and creditors during this transition.Explore more
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ABLV Bank is experiencing very low activity levels compared to other companies in the Finance sector.
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ABLV Bank Tech Stack
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ABLV Bank News & Media
Operative Report of ABLV Bank, AS in Liquidation for January 2019
According to the provisions of the Law on Credit Institutions, ABLV Bank, AS in liquidation is hereby publishing the operative report for January 2019. In January 2019, ABLV Bank, AS in liquidation recovered assets amounting to EUR 48 million, while since the approval of the liquidation, there were assets amounting to EUR 403 million. Key financial data as at 31 January 2019: -- total assets: EUR 2.4 billion; -- deposits: EUR 1.6 billion; -- capital andOn Changes in the Group of ABLV Bank, AS in Liquidation
ABLV Bank, AS in liquidation (hereinafter – the Company) has carried out reorganisation of the companies of the group and within the framework of the reorganisation the Company’s subsidiary New Hanza Capital, AS has become an owner of 100% of shares of NHC 5, SIA. The Company retains indirect significant participation in the company NHC 5, SIA. Given the started liquidation of the Company, real estate development and management are not its future priority, thus the real estate companies ofOn Changes in Liquidation Committee
On Tuesday, 5 February 2019, on the meeting of shareholders of ABLV Bank, AS in liquidation there was a decision made about the changes in the Liquidation Committee. The shareholders appointed two new liquidators – Lauma Bērziņa and Ringolds Balodis, while Elvijs Vēbers shall resign from the position of the liquidator. Lauma Bērziņa is an individually practicing sworn attorney with more than 20 years of professional experience in legal advisory and practicing commercial law, corporate managemOperative Report of ABLV Bank, AS in Liquidation for December 2018
According to the provisions of the Law on Credit Institutions, ABLV Bank, AS in liquidation is hereby publishing the operative report for December 2018. Since the approval of the liquidation, there were assets amounting to EUR 355.5 million recovered, of which EUR 94.2 million in December. Key operative data of the Company as at 31 December 2018: -- total assets: EUR 2.4 billion, including EUR 1 billion at the Bank of Latvia. Company’s
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ABLV Bank, AS is undergoing a self-liquidation process initiated to satisfy creditor claims fully, as confirmed by the Bank of Latvia. The bank's assets exceed its liabilities, which was a crucial condition for the approval of the liquidation process by regulators. The liquidation committee, consisting of two approved liquidators, is responsible fo... Read More
