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