Amount of deposits with ABLV Bank exceeds EUR 2 billion

July 18, 2011, 12:00 / Banking

At the end of the last week, the amount of deposits attracted by our bank exceeded EUR 2 billion.

The amount of EUR 1 billion was reached in 2007. Therefore, within less than five years, the amount of deposits has doubled. Whereas the amount of LVL 1 billion was exceeded on 9 April 2010.

Source of information: ABLV Bank, AS

According to the Association of Latvian Commercial Banks data as at 31 May 2011, within the commercial banks sector ABLV Bank is ranked second in terms of the overall amount of deposits, holding a market share of 11.8%. Whereas corporate deposits placed with our bank amount to market share of 17.8% – we are constantly leading for several years!

Additional information:
Ilmars Jargans
+ 371 6777 5296