Seventh ABLV Bank Bond Issuance Programme

| Source: ABLV Bank, AS

Riga, Latvia, 2017-05-18 15:57 CEST (GLOBE NEWSWIRE) -- On 16 May 2017, the Council of the Financial and Capital Market Commission approved registration of the Base Prospectus of ABLV Bank, AS Seventh Bond Offer Programme, allowing the bank to perform public offering of debt securities amounting to EUR 400 million or equivalent amount in USD, pursuant to the particular final terms of public offer. The programme will be effective for 12 months.

According to the Base Prospectus of the Seventh Bond Offer Programme, ABLV Bank may issue both straight and subordinated bonds.
Under this programme, we will specifically inform about particular bond issues, as the respective decisions are made. As previously, we are planning to include new bonds in the Baltic Bond List of Nasdaq Riga.

We started performing public bond issues in 2011. The issues of bonds are performed in accordance with the bank’s strategic objectives – to raise sufficient financial resources available in the long term. Including the redeemed bonds, we have performed 41 public bond issues so far. Currently, 21 bond issues are included in the Baltic Bond List of Nasdaq Riga.

This announcement contains inside information.

ABLV Bank, AS is the largest independent private bank in Latvia. The bank’s major shareholders — Oļegs Fiļs, Ernests Bernis and Nika Berne – directly and indirectly hold 86.55% of the bank's voting share capital. ABLV Group includes ABLV Bank, AS; ABLV Bank Luxembourg, S.A.; ABLV Capital Markets, IBAS; ABLV Asset Management, IPAS; Pillar Holding Company, KS; ABLV Consulting Services, AS; ABLV Corporate Services, SIA; Pillar Development, SIA, and other companies. ABLV Group has representative offices in Moscow, St. Petersburg, Vladivostok, Kiev, Odessa, Minsk, Almaty, Baku, Tashkent, Hong Kong, Limassol, and New York.

         Ilmārs Jargans
         Head of Public Relations Department
         ABLV Bank, AS
         Tel.: +371 6777 5296