For Financial Institutions
Annual report for 2009According to set of financial indicators, especially profitability ratio, AB.LV is one of the leaders amongst commercial banks of Latvia and the Baltic region. If you are interested in maintaining stability for your business and you need a trustworthy partnership, you are welcome to AB.LV – the bank for private business.
Since almost 15 years AB.LV successfully operates in foreign exchange and international money markets. The wide network of correspondent accounts provides solid base for fast and efficient fund transfers on behalf of its customers. The bank has partner financial institutions in more than 20 countries around the world. AB.LV is involved in continuous improvement process of its services and widening the range of products for its customers.
In 2006 AB.LV successfully applied for the debut syndicated loan to international financial markets. During 2006 and 2007 the bank was able to tap the markets for EUR 260 million through three transactions. The first EUR 50 million loan has been already repaid and is considered to be the first milestone of the credit track record of the bank. The success is a proof of confidence from banks all over the world towards credit strength and potential of AB.LV – a bank with 100% Latvian capital.
The independence, lack of complex structure of related parent institutions and historically beneficial geographical location on the crossroads between Western Europe and East, makes AB.LV an attractive partner both for its customers as well as global financial institutions. The strengthening and improvement of its position in the international markets is one of the priorities of AB.LV.
Please do not hesitate to contact AB.LV Financial Institutions Department to establish contact and study the potential for cooperation between financial institutions:
Tel.: + 371 6777 5194
Fax: + 371 6777 5208
E-mail: fi@ab.lv
