ABLV bank

Latvia approves voluntary liquidation of ABLV Bank

Latvian banking regulator Financial and Capital Market Commission (FCMC) has approved the self-liquidation of ABLV Bank. The decision, taken at…

ABLV to go into voluntary liquidation to protect clients and creditors

Latvian lender ABLV Bank has decided to enter into voluntary liquidation to protect the interests of its clients and creditors.…

ECB suspends all ABLV Bank payments citing poor financial position

The European Central Bank (ECB) has requested Latvia’s Financial and Capital Markets Commission (FCMC) to impose a temporary moratorium on…