Riga, Latvia, 2018-11-06 09:07 CET (GLOBE NEWSWIRE) —
On 5 November 2018, a scheduled general meeting of shareholders of ABLV Bank, AS in liquidation took place, where the consolidated and separate financial report of the company for 2017 was approved.
In 2017, the banks operating income totalled EUR 101.4 million, while the profit amounted to EUR 44.7 million. As at 31 December 2017, the deposits with the bank constituted EUR 2.68 billion and the assets amounted to EUR 3.68 billion. In 2017, the group paid EUR 20.9 million in taxes to the state budget.
As reported earlier, after the decision of the European Central Bank and the Single Resolution Board, on 26 February 2018 shareholders of ABLV Bank were forced to make a decision…
Read the full article at: https://globenewswire.com/news-release/2018/11/06/1645731/0/en/Shareholders-of-ABLV-Bank-AS-in-Liquidation-Approve-2017-Financial-Report.html