ABLV Bank, the Latvian lender denying U.S. allegations that it’s linked to North Korea, said it doesn’t expect the European Central Bank to withdraw its license after authorities suspended its ability to process some payments.
The bank “absolutely” expects to keep its ECB authorization, and is meeting officials in Frankfurt Tuesday to discuss how to return to normal operations, spokesman Arturs Eglitis said on the sidelines of a news conference in Riga late Monday. Ernests Bernis, the bank’s chairman and co-owner, said ABLV was the victim of a “slandering campaign” and asked for a police investigation.