March 17, 2018 11:45 PM ET


Company Overview of ABLV Bank AS

Company Overview

ABLV Bank AS provides various banking products and services for private individuals and companies in Latvia and internationally. It operates in four segments: Banking Services; Advisory Services; Investment Management Services; and Real Estate Development. It offers savings accounts and term deposits; and overdrafts, mortgage loans, long-term and short-term commercial loans, trade finance, and financing against pledge of investment portfolio. The company also provides settlement and cash services, including payments, currency exchange, cash services, and SMS or e-mail notification; payment cards; remote account management services; documentary letters of credit, documentary collection, bank ...

23 Elizabetes Street

Riga,  1010


Founded in 1993

827 Employees


371 6777 5222


371 6777 5200

Key Executives for ABLV Bank AS

Co-Owner, Chairman & CEO
Co-Owner & Chairman of the Council
CFO & Member of the Board
COO & Member of the Board
Chief Executive Officer of ABLV Bank Luxembourg
Compensation as of Fiscal Year 2017.

ABLV Bank AS Key Developments

ABLV Bank AS to Report Fiscal Year 2017 Results on Feb 27, 2018

ABLV Bank AS announced that they will report fiscal year 2017 results on Feb 27, 2018

ABLV Bank Announces Unaudited Group Earnings Results for the Nine Months Ended September 30, 2017

ABLV Bank AS announced unaudited group earnings results for the nine months ended September 30, 2017. For the nine months, the company reported profit of EUR 40,837,000 against EUR 61,357,000 a year ago. Profit before corporate income tax was EUR 42,811,000 against EUR 62,818,000 a year ago. Return on equity (ROE) was 16.68% against 28.94% a year ago. Return on assets (ROA) was 1.44% against 1.86% a year ago. Interest income was EUR 59,093,000 compared to EUR 63,705,000 a year ago. Commission and fee income was EUR 27,198,000 against EUR 34,487,000 a year ago. Operating income amounted to EUR 84.5 million. The bank turned over EUR 40.837 million in the first nine months of this year, down 33.4% from the same period in 2016.

ABLV Bank Announces Board Changes

On 29 September 2017, a meeting of ABLV Bank shareholders was held, at which the bank’s Council was elected for a 5-year term of office, and the number of the Members of the Council was increased to five. Four current Members of the Council Olegs Fils, Janis Krigers, Janis Butkevics, and Aivis Ronis were re-elected, and Aleksandrs Rjabovs became the fifth Member of the Council. Aleksandrs Rjabovs has acquired education in law and has previously held management positions in the insurance area.

Similar Private Companies By Industry

Company Name Region
ABLV Bank AS Europe
Akciju Sabiedriba Baltic International Bank Europe
AS Citadele banka Europe
AS Expobank Europe
AS Meridian Trade Bank Europe

Recent Private Companies Transactions

Private Placement
March 31, 2017

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States
NYC2012, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact ABLV Bank AS, please visit Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at