Riga, Latvia, 2013-09-17 10:16 CEST (GLOBE NEWSWIRE) -- ABLV Bank Luxembourg, S.A, starting from 17 September will offer its customers new products and services — fiduciary and overnight deposits, advisory investment management, likewise convenient and intuitive Internetbank, high ABLV customer service level.
Fiduciary overnight deposits for customers of ABLV Bank
Considering the customers’ demand and our possibilities, this autumn ABLV Bank Luxembourg will offer the customers fiduciary overnight deposits. This service will be interesting for customers wishing to gain income from free funds, which are held with ABLV Bank, AS, in Riga, at the end of each working day, while the funds will be available already next morning.
Fiduciary deposits – unique opportunity of placing term deposits with CIS banks
This product allows customers of the Luxembourg bank to place deposits with other banks in the name of the bank, and the opportunity to place term deposits with CIS banks makes this product unique. Under our offer it will be possible to benefit from higher interest rates when investing in known region and to keep investments confidential.
Active investment advisory
ABLV Group new service – active investment advisory – is characterized by three features: timeliness, practicability, and quality.
Using active investment advisory, the customer always can receive timely advice on investment management – under both purchase and sale of financial instruments, and there will be a proposal on making particular transactions prepared based on a thorough analysis.
Active investment advisory allows the customer to make own decisions on the basis of professional advice, thus combining the possibility to control the investments with professional experience and knowledge.
Highest level of customer data security and convenient Internetbank
To protect customer data in Luxembourg, we have performed all preparatory works aimed at complying with both the requirements of the Luxembourg banking sector regulatory authority and our own requirements. All information systems containing customer information are carefully protected in terms of both virtual environment and physical conditions.
Just like in ABLV Bank, for work of ABLV Bank Luxembourg banking system T24 (TEMENOS, Switzerland) is used and our convenient Internetbank that the customers are familiar with.
Luxembourg Internetbank will be as much similar to that in Riga as possible, however there will be the following differences:
- two-factor authorization will be required to log in (password and digipass code);
- we offer only Digipass as authorization tool;
- for the sake of confidentiality, the interface contains no customer name – only code;
- new section ‘Fiduciary Transactions’ will be available soon;
- Internetbank is available in two languages – Russian and English.
You can obtain more detailed information about ABLV Bank Luxembourg products and services at the bank’s homepage www.ablv.lu .
ABLV Bank, AS is the largest independent private bank in Latvia. The bank’s majority shareholders — O?egs Fi?s, Ernests Bernis and Nika Berne– directly and indirectly hold 86% of the bank's 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; New Hanza City, SIA, and other companies. ABLV Group has representative offices in Moscow, St. Petersburg, Yekaterinburg, Vladivostok, Kiev, Odessa, Minsk, Almaty, Dushanbe, Baku, and Tashkent.
Ilm?rs Jargans Head of Public Relations Department ABLV Bank, AS Tel.: +371 6777 5296 e-mail: ilmars.jargans@ablv.com
