TAILIEUCHUNG - ABLV Bank, AS: public quarterly report for the period ended on 30 September 2012

Whereas global economy growth continued to slow down in Q3 2012, and the euro zone economy entered recession. In order to support growth, the European Central Bank announced beginning of the new programme, under which bonds will be bought on the market without amount limitation. The FRS also implemented long-awaited QE3 programme. The world’s financial markets were enthusiastic about these decisions, and leading global stock indexes ended the quarter with a good increase, whereas MSCI stock index grew by . In the reporting period, Latvian economic indicators still were much better than average in the European Union. During the quarter, the unemployment rate decreased from . | BANKING INVESTMENTS ADVISORY ABLV Bank AS public quarterly report for the period ended on 30 September 2012 ABLV Bank AS public quarterly report for the period ended on 30 September 2012 Bank s management report Dear shareholders of ABLV Bank AS Q3 2012 was very successful for ABLV Bank AS and the group. The business volume and all major performance indicators continued to grow. The bank s profit amounted to EUR million. Whereas global economy growth continued to slow down in Q3 2012 and the euro zone economy entered recession. In order to support growth the European Central Bank announced beginning of the new programme under which bonds will be bought on the market without amount limitation. The FRS also implemented long-awaited QE3 programme. The world s financial markets were enthusiastic about these decisions and leading global stock indexes ended the quarter with a good increase whereas MSCI stock index grew by . In the reporting period Latvian economic indicators still were much better than average in the European Union. During the quarter the unemployment rate decreased from to . Published data on Latvian GDP for Q3 2012 evidenced growth by YoY . In the first quarter GDP increase was equal to and in the second - to . According to forecasts by the International Monetary Fund Latvia can end the year 2012 with an economy increase of which would be one of the best indicators in the European Union. In Q3 we continued gradually substituting long-term deposits with investments in bonds by performing another issue of ABLV Bank AS bonds. Under the Second Bond Offer Programme there was issue of 2-year bonds performed in July the issue size being USD 50 million. The annual interest rate is floating LIBOR 6M with coupon payment twice a year. The issue maturity date is 30 July 2014. The bonds were acquired by 58 bank s customers 20 of which are individuals and 80 - legal entities. The issued bonds are included in NASDAQ OMX Riga .

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