ABLV Bank
BankingRīga, Latvia51-200 Employees
ABLV Bank was Latvia's largest private bank and operated as a holding company with more than 40 affiliated entities across banking, investment management, brokerage, and real estate. It provided tailored financial solutions for private individuals and corporate clients in Latvia and extended services to clients from the CIS region. The company was based in Riga, Latvia, and functioned as a mid-sized financial institution within the local market. Following the 2018 events, the bank entered voluntary liquidation. Currently, staff are concentrating on distributing assets to creditors and managing what has been described as Latvia's largest corporate liquidation. In February 2018, Citadele Banka Estonian Branch acquired the majority of ABLV Bank AS in liquidation, with public reports noting investigations related to alleged large-scale money laundering associated with the bank.