Operative Report of ABLV Bank, AS in Liquidation for December 2018
Riga, Latvia, 2019-01-17 08:03 CET --
According to the provisions of the Law on Credit Institutions, ABLV Bank, AS in liquidation is hereby publishing the operative report for December 2018. Since the approval of the liquidation, there were assets amounting to EUR 355.5 million recovered, of which EUR 94.2 million in December.
Key operative data of the Company as at 31 December 2018:
total assets: EUR 2.4 billion, including EUR 1 billion at the Bank of Latvia. Company’s total expenses on deposited moneys in 2018 since the commencement of the liquidation of the bank amounted to EUR 2 million;
deposits: EUR 1.6 billion;
capital and reserves: EUR 299.5 million;
assets recovered by now: EUR 355.5 million;
in 2018 the company paid EUR 15.3 million in taxes to the state budget;
by the end of the year there were 313 employees working at ABLV Bank, AS in liquidation (at the beginning of 2018 there were 676 employees).
ABLV Group Communications Leader
Tel.: +371 6700 2454