We became the stock exchange members in 2012, after starting the bank’s bond issue programme at the end of 2011 for the sake of gradual replacement of long-term deposits with investments in bonds. Investments in bonds allow our customers to receive higher income than that under deposits and also ensure wider transaction opportunities — the securities can be purchased, sold or used as collateral to obtain financing, meanwhile retaining the investment amount and planned yield.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

We have already performed 9 public bond issues earlier. Under the First Bond Offer Programme, there were 3 bond issues performed in 2011, and their face value amounted to EUR 25 million and USD 30 million. Whereas under the Second Bond Offer Programme, there were 6 issues performed, and their face value amounted to EUR 20 million and USD 145 million. All those bond issues have been included in NASDAQ OMX Riga list of debt securities.

According to NASDAQ OMX data, in 2012 ABLV Bank, AS, ensured 86.7% of the listed debt securities trading turnover in Riga market, whereas in the Baltics (Riga, Tallinn, Vilnius) we ensured 29.8% of the total trading turnover. This is the second best result among 14 members of the Baltic Stock Exchange.

The number of issues performed by us will be increased soon, as the bank’s customers can currently subscribe to three new issues: coupon bond issue of EUR 20 million, coupon bond issue of USD 50 million, and discount bond issue of USD 20 million for the sake of raising subordinated capital.

"ABLV Bank is a perfect example of business development and success in taking advantage of the opportunities offered by capital market. Over the year, the bank managed to become a competent market player both as the stock exchange member and the securities issuer," said NASDAQ OMX Riga Chairperson of the Board Daiga Auzi?a-Melalksne when presenting the award to ABLV Bank, AS, Chairman of the Council O?egs Fi?s.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The Stock Exchange Annual Award combines two other awards presented earlier – Broker of the Year and the Stock Exchange Special Award. The award can be received for special contribution by a broker, company, or other person.