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Document 52019XX0208(01)

Single Resolution Board — Decision concerning the assessment of the conditions for resolution in respect of ABLV Bank, AS

OJ C 50, 8.2.2019, p. 3–3 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

8.2.2019   

EN

Official Journal of the European Union

C 50/3


SINGLE RESOLUTION BOARD

Decision concerning the assessment of the conditions for resolution in respect of ABLV Bank, AS

(2019/C 50/04)

On 23 February 2018, the Single Resolution Board decided not to place ABLV Bank, AS under resolution. This decision was based on the conclusion that the condition of Article 18(1)(c) of Regulation (EU) No 806/2014 (1) was not met. The main elements of this decision are as follows:

Date of adoption of the decision

23 February 2018

Decision No

SRB/EES/2018/09

Addressee

Finanšu un kapitāla tirgus komisija

Institution

ABLV Bank, AS

Application of the write-down and conversion of capital instruments power

No

Resolution action

No

Fund aid

No

More information about this decision can be found on the SRB’s official website: https://srb.europa.eu/en/content/ablv


(1)  OJ L 225, 30.7.2014, p. 1.


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