Continuing the bond issue programme, ABLV Bank, AS, has performed two new issues of coupon bonds, the total amount of which equalled USD 75 000 000 and EUR 20 000 000 at face value. More than 50 investors participated in acquiring bonds of each issue. This is the highest demand for our bonds so far. The amount of bond issue in USD was increased from USD 50 million to USD 75 million, due to large demand.

January in global stock market can be divided into two parts. During the first half of the month, trends of the previous year were continued – decoupling in stock markets of developed and emerging countries.

In the world’s financial market, December was marked by long-awaited termination of QE3 programme, announced by the Federal Reserve System (FRS).

Continuing the bond issue programme, ABLV Bank, AS, will perform two more bond issues. The issues will be performed under the Third Bond Offer Programme, and the bonds will be admitted to the regulated market – NASDAQ OMX Riga list of debt securities.

ABLV Bank, AS, has established new company – AmberStone Group, AS, investing EUR 4.9 million in its share capital. AmberStone Group, AS, will operate as holding company, managing its own investments.

Q3 2013 was successful for ABLV Bank, AS and the group. The business volume and all major performance indicators continued to grow. Over 9 months of 2013, the group’s profit amounted to LVL 27.7 million (EUR 39.4 million), whereas profit of ABLV Bank, AS reached LVL 25.5 million (EUR 36.3 million).

On 23 October this year, ABLV Bank, AS, issued new subordinated bonds, the total amount of which equalled USD 15 000 000 at face value. The bonds were purchased by 26 customers of the bank. The issue was performed under the Third Bond Offer Programme, and the bonds are planned to be admitted to the regulated market – NASDAQ OMX Riga list of debt securities – on 25 October.

Continuing the bond issue programme, ABLV Bank, AS, has issued new coupon bonds to the amount of USD 50 000 000. The issue was performed under the Third Bond Offer Programme, and on 17 October the bonds will be admitted to the regulated market – NASDAQ OMX Riga list of debt securities.

On 30^th of September this year, there was an extraordinary general meeting of ABLV Bank, AS, shareholders held. At the general meeting shareholders decided to approve ABLV Bank, AS, condensed consolidated financial report for the first half of 2013. Shareholders decided to leave the bank’s profit for the first half of 2013 undistributed and to include it in full in the bank’s Tier 1 equity capital. The bank’s profit for the first half of this year is equal to LVL 15 153 829.

Celebrating ABLV Bank 20^th anniversary, there was bronze bull sculpture placed in the territory of future financial and business centre New Hanza City in Riga. The sculpture motto is Labor Omnia Vincit (Work conquers all), and it stands for the power of work, determination, self-belief, and confidence about the chosen path. This motto is ‘inherited’ from the one placed on the art nouveau building at 23 Elizabetes Street, where the bank’s central office is located. The sculpture was created by famous artist Gļebs Panteļejevs, who used a bull of Latvian Brown breed as a prototype, thus stressing that roots of sustainable wealth are to be found in this land and hard, persistent work. In terms of the size, the sculpture is one of the largest bronze sculptures created in Latvia during last 20 years.