Key Operative Financial Indicators
Riga, Latvia, 2018-04-10 09:57 CEST --
As we continue ensuring transparency of the liquidation process, ABLV Bank is releasing Q1 2018 financial data.
Key financial indicators:
As at 31 March 2018, the total amount of the bank’s assets reached EUR 2.44 billion, volume of deposits — EUR 1.63 billion, while loan portfolio constitutes EUR 897.6 million.
The bank’s profit in Q1 2018 reached EUR 2.5 million.
The bank’s capital and reserves amounted to EUR 350.4 million.
The bank’s capital adequacy level as at 31 March 2018 was almost twice higher than the regulations require: capital adequacy of the bank reached 21.33% (while minimal requirement is 11.5%), and liquidity ratio was almost three times higher than the regulations require: 84.21% (while minimal requirement is 30%).
ABLV Group Communication Leader
ABLV Bank, AS
Tel.: +371 6700 2454