Expanded opportunities of financing secured with financial instruments

December 2, 2010, 16:21 / Banking

From 1 December 2010, AB.LV expands opportunities of receiving financing secured with financial instruments. The positive changes made concern share of granted financing and list of financial instruments accepted as security.

AB.LV has increased share of granted financing for most categories of financial instruments, which allows reducing amount of own funds invested when purchasing financial instruments or increasing amount of financing received for other purposes (replenishment of a current account, currency exchange, transfer to a trading platform, etc.).

The list of financial instruments accepted as security has been extended. Now we also provide financing secured with government bonds having credit rating B-, and corporate bonds having credit ratings B-, B and B+. Moreover, we added an opportunity to receive financing secured with stocks and ETFs traded on stock exchanges with capitalization from USD 300 million to USD 1 billion.

Effective version of the rates and charges is available at our homepage: www.ab.lv/en/private/investments/tariff/securities-financing.

For additional information, please contact your private bankers or IBAS AB.LV Capital Markets Sales and Customer Service Support Department specialists:

  • Investment Specialist Armen Mirzoyan, tel. +371 6700 2787;
  • Customer Service Manager Viola Kalnina, tel. +371 6700 2778.