Although the global political events cause certain risks for future growth of Latvian economy, Latvia remains being one of the most rapidly developing countries of the European Union, and its financial sector demonstrates even better performance.

Another issue of ABLV Bank shares that lasted from 7^th of April till 16^th of May was completed successfully. Within this issue 2 243 062 ordinary registered voting shares were issued. After the issue, the bank’s share capital is composed of 29 385 000 ordinary voting shares and 3 015 770 employee shares without voting rights. The newly issued shares constitute 7.6% of the bank's voting share capital.

In April the situation in Ukraine remained the centre of attention. The tension in the Southeastern region of Ukraine was considered by the USA and the EU as a reason to prepare new, stricter economic sanctions against Russia, therefore bonds of Russian issuers continued to remain under pressure.

On Friday, 4^th of April the Association of Commercial Banks of Latvia (ACBL) awarded winners in four categories in the Zelta monēta 2014 competition. The ABLV Bank service won one of the top prizes.

March, unlike February, in global financial market appeared to be very uneasy. The escalation of crisis in Ukraine and growing tension around the Crimea, in particular, the announcement of Russia on readiness to ship the forces onto the territory of the neighboring country caused especially in the first days of the month panic sales of risky assets.

On 31^st of March 2014 at the regular ABLV Bank, AS, shareholders meeting, the decision on increasing the bank’s equity capital by EUR 27 million was made.

From 27 March 2014, changes in the following documents become effective:

In global financial market, February was not full of events that might considerably influence the investors’ mood. The only fact that aroused some interest was inaugural speech of the new head of FRS Janet Yellen before the US Congress, in which she confirmed adherence to policy of Ben Bernanke, also drawing special attention to unemployment level in the USA.

Starting from 3 March 2014, changes in the Basic Information for Investors on ABLV European Corporate EUR Bond Fund become effective.

Although the year 2013 was controversial for the global economy, it was successful for ABLV Bank and the group. In September, the bank also celebrated its 20^th anniversary. We started operations being one of the smallest banks, and due to steadily pursuing elaborated strategy our bank not only has successfully managed to overcome all crisis situations, meanwhile retaining its independence, but it also has become the largest private bank and one of the three biggest banks in Latvia in terms of the amount of assets.