Key Operative Financial Results
Riga, Latvia, 2018-05-29 10:19 CEST --
Continuing to ensure transparent liquidation process, ABLV Bank hereby publishes the financial report as at 30 April 2018.
Key financial indicators:
As at 30 April 2018, the total amount of the bank’s assets reached EUR 2.40 billion, volume of deposits — EUR 1.60 billion, while loan portfolio constitutes EUR 828.3 million.
The bank’s profit as at 30 April 2018 reached EUR 3.7 million.
The bank’s capital and reserves amounted to EUR 351.7 million.
The bank’s capital adequacy level as at 30 April 2018 was 24.69% (while minimal requirement is 11.5%), and liquidity ratio equalled 81.10% (while minimal requirement is 30%).
Given the most recent amendments to the normative documents about preparing public quarterly reports of credit institutions adopted by the Financial and Capital Market Commission, we hereby publish an updated Q1 2018 financial report of ABLV Bank.
ABLV Group Communications Leader
ABLV Bank, AS
Tel.: +371 6700 2454