Tailored financial solutions for wealth management

BANK’S MOST DEMANDED PRODUCTS AND SERVICES INCLUDE:

• deposits and investment products;• settlement products: - current account, transfers, and currency

transactions; - payment cards; - documentary operations;• financing;• assetmanagementandtaxstructuringadvisory

services.

AB.LV GROUP MEMBERS:

• AizkrauklesBanka(bankingservices)• AB.LVCapitalMarkets(brokerageservices)• AB.LVAssetManagement(assetmanagement)• ABKonsultācijas(advisoryservices)

AB.LV IS:

• Time-proved reliability and stability• Moderntechnologyandbroadspectrumof

services• European standards of service• Guaranteedconfidentialityofallcustomer

information• Opennesstodialogueandattentiontocustomers’

individual demands

Our mission is to preserve and increase our customers' capital, providing financial and advisory services necessary for achieving this aim.

AB.LV has been operating in the modern banking services market for more than 15 years and is one of the largest and most profitable banks in Latvia. More than 600 highly professional employees work in the bank. AB.LV has representative offices in Moscow, St. Petersburg, Kiev, Odessa, Minsk, Baku, Almaty, and Tashkent.

User-friendly reliable Internetbank AB.LV ensures performing all account transactions at any place worldwide and at your suitable time.

AB.LV: GENERAL INFORMATION

RigaSt. Petersburg

MoscowMinsk

KievOdessa

Baku AlmatyTashkent

AB.LV is present in

SERVICING: PRIVATE BANKERS’ TEAM

MAIN TASKS OF A PRIVATE BANKER:

• examinationofthecustomerbusinessandthe regionbusinessenvironment;• regularpersonalcontactwiththecustomer(phone calls,meetings);• clarificationandanalysisofthecustomerneeds andexpectations;• monitoringoftheservicesportfolioandstatusof the customer accounts;• tailoredfinancialsolutionsformostefficientuseof funds and increase of assets liquidity;• executionofthecustomerordersandtransactions control;• assistanceincompletingbankdocuments;• providinginformationonthebank’sproductsand services;• handlingnon-standardsituationsandprotection of the customer interests.

SERVICE PRINCIPLES:

• trust-basedlong-termrelationshipbetweenthecustomer and the bank;

• highstandardsofservice;• promptandpreciseexecutionoforders;• confidentiality.

Each customer is serviced by a constant team of several private bankers – personal financial advisors, providing single service for individuals and related companies.

Payment Card

RepresentativeOffice

Client Line

Investment Specialist

LoansManager

Dealer

AB.LV PRIVATE BANKERCUSTOMER

Internetbank AB.LV

SMS

AB.LV SELF-SERVICE CHANNELS

AB.LV customer service system

If you do not plan using your free funds during some period, then it is not profitable to keep them in your current account, since inflation and increasing prices diminish the value of even the most hard currencies by 1.5-3% per year. If you are a rational conservative investor and prefer high security of funds alongside increase of capital, we propose you to place funds in savings accounts or deposits.

SAVINGS ACCOUNTS – FOR SHORT-TERM SAVINGS

Asavingsaccountisanaccountopenedforindefiniteperiodandintendedforaccumulatingfunds.Thisaccountoffersthefollowingpossibilitiestothecustomer:• unlimitedreplenishmentofthesavingsaccountfromyourcurrentaccountwithAB.LV;

• receivinginterestyieldontheaccountdailybalance;• transferringfundsfromthesavingsaccounttoyourcurrentaccountuponnotification -fromasavingsaccount–notifyingthebank7 calendar days in advance; -fromanEXTRAsavingsaccount–notifyingthebank33 calendar days in advance.

Dependingonthecustomerneedsandintentions,savingsaccountsmaybeopenedinUSD,EUR,orLVL.AseparatesavingsaccountorEXTRAsavingsaccountisopened for each currency.InterestratesonsavingaccountsarereviewedmonthlyanddependonthemarketsituationandchangesinUSD(LIBOR)andEUR(EURIBOR)interbankinterestrates.Different interest rates are applied to each currency, dependingonthesavingsaccountbalance.

Benefits:• Savingsaccountsareopenedfreeofcharge.• Youmayreplenishyoursavingsaccountswithout limits.• Transfersbetweenthecurrentandsavingsaccountof onecustomerareperformedfreeofcharge.• Itispossibletoobtainshort-termfinancingagainst pledgeofthesavingsaccountfunds.

DEPOSITS

DEPOSITS

DEPOSITS – FOR LONG AND MEDIUM-TERM SAVINGS

A deposit may be placed for a period from 3 months to 5years.Thedepositamountisagreedatthemomentofplacingthedepositandcannotbeincreasedlater.AB.LVofferstwotypesofstandarddeposits:• depositwithinterestrepaymentattheendoftheterm–interestispaidonthedaywhenthedepositisreturned.Thisdeposittypehasahigherinterestratethanthestandarddepositwithmonthlyinterestrepayment;

• depositwithmonthlyinterestrepayment.

Ifyouwishtodepositfundstotheamountandforaperiodthataredifferentfromthebank’sstandardoffer,thetermsandconditionsofthedepositcanbeagreedindividually.A deposit may also be made for less than 30 days. The interest rate, amount, and currency of such deposit are agreedindividuallywiththebankonacase-by-casebasis.A deposit can be placed in USD, EUR, or LVL. Different interestratesareofferedforeachcurrencyaccordingtothe deposit period, type, and amount.

Benefits:• Individual terms and conditions applied to deposits

over USD 500,000/EUR 500,000/ LVL 100,000.• Possibility to receive an overdraft up to 95% of the

deposit amount.

Example of asset allocation of the AB.LV customer

1 2 3 4 5 6 7

Customer assets

overdraft overdraft

savingsaccount

1-year deposit

6-months deposit

EXTRAsavingsaccounts

savingsaccount savingsaccount

months

6-months deposit

BROKERAGE SERVICES

Ifyouhavefreefundsandintendtomanagethemprofitably,ifyouplantoearnmorethanyoucouldbydepositingthefunds,andifyouhavesufficientbackgroundtomakeindependentdecisionsoninvestinginthestockmarketandarereadytotakereasonablerisks,considerusingAB.LVbrokerageservices.

ThebrokerageservicesareprovidedtoAB.LVcustomersbythebank’ssubsidiarycompanyAB.LVCapital Markets.

Followingthecustomerinstructions,AB.LVCapitalMarketssellsandpurchasesalltypesoffinancialinstruments in all important stock markets worldwide.Thecompanyactivelyoperatesinthefollowingregions:USA,EasternandWesternEuropean markets, markets of CIS states and developingcountriesofAsiaandSouthAmerica.

Currently, AB.LV Capital Markets offers its customersbonds,stocks,andETF(exchange-tradedfunds)transactionsinallleadingmarkets,aswellasoptions and futures in the USA and European stock exchanges.Futuresmarketoffersplayersauniqueopportunityofinvestinginstockindex,oil,gold,currency,variousfinancialinstrumentsderivatives,etc.

Ourhighlyqualifiedteamwillhelpyoutocreateaninvestmentportfolio,inwhichthepotentialprofitsandriskswillbeperfectlybalancedforyourinvestmentgoals.

Benefits:• PossibilitytoreceivefinancingagainstpledgeoffinancialinstrumentsheldinyouraccountwithAB.LV.Thisenablescustomerstoincreasethe speculative potential of their positions in securitiesandtopurchasenewlotsofsecurities,or to use additional funds for other purposes.

• Possibility to immediately use the funds withdrawnfrominvestmentforexecutingothertransactions.

• No limits applied to the minimum investment amount.

• BrokerageDepartmentservicescustomersfrom9:00till23:00(Latviantime).Duringsuchhoursyouareofferedacompleterangeofbrokerageservices: information about the situation on stock markets,purchase/saleoffinancialinstruments,aswellasuseoffinancingprovidedforpurchaseoffinancialinstruments.

• Singledepoaccountusedforholdingallyoursecurities,andopportunitytoreceiveasingleclear statement.

• Directaccesstothecashaccount,allowingpromptmonitoringoftransactionsandcontroloffunds in your account.

Depending on your knowledge of stock market, free time available, and desired degree of involvement, you may choose the most suitable form of cooperation with us: brokerage services or asset management, or a combination of both. We will act as your broker or asset manager able to operate virtually in the whole global stock market, so that you have single access to all financial markets and the whole range of financial instruments offered.

INVESTMENT

ASSET MANAGEMENT

If you have free funds that you intend to save and increase,ifyouplantoinvestyourassetsforalongtermandarereadytotrustprofessionalswiththeirmanagement,considerusingassetmanagementservices offered by AB.LV.

Theassetmanagementservicesareprovidedby the bank subsidiary company AB.LV Asset Management.

Dependingonyourneedsandthescopeofyourplanned investment, you may choose the most suitabletypeofinvestments.Wewillcreateorassistincreatinganinvestmentportfolioforyou,sothattheportfoliobestmatchesyourprofile.

AB.LV Asset Management individual investment programmes:

•“EmergingMarketsBonds”•“HighYieldBonds”•“Stocks”

Shares of funds managed by AB.LV Asset Management

•Open-endinvestmentfund“AB.LVEmergingMarketsBondFund”

• Open-end investment fund “AB.LV Global ETF Fund”

•Open-endinvestmentfund“AB.LVHighYieldCISBondFund”

“AB.LVEmergingMarketsBondFund”and“AB.LVGlobalETFFund”areregisteredwithtwosubfunds,enablinginvestmentinUSDorEUR.

Benefits:• Moderate limits applied to participation in asset managementprogrammes.• Possibilityofhighdiversificationofinvestmentsin investingsmallamounts.• Singledepoaccountusedforholdingallyour securities,andopportunitytoreceiveasingle clear statement.• Directaccesstothecashaccount,allowing promptmonitoringoftransactionsandcontrolof funds in your account.• Rationaltaxoptimizationensured.

INVESTMENT

Customer makes decisions independently

Customer makes decisions based on the bank’s advice

Customer delegates decision-making to the bank

DiscretionaryAsset Management

Brokerage ServicesAsset Advisory Services

Types of managing customer assets

Degreeofcustomerinvolvement in asset management

CURRENT ACCOUNT

YourcooperationwithAB.LVbeginswithopeningamulticurrencycurrentaccount(asingleaccountforallcurrencies)thatallowsperformingsettlementtransactionseasilyandquicklywithfavourableratesandchargesapplied.AccountsareassignedIBAN-formatnumbersinaccordancewiththeinternationalaccountnumberingstandardintheEUstates.

ACCOUNT OPERATIONS

Currency TransfersAbroadnetworkofcorrespondentbanksallowsusto make quick transfers in all main currencies of the world.AB.LVhascorrespondentaccountsinmorethan20countriesworldwide.

AB.LVoffersdifferenttypesoftransfers.Choosingone of them, you choose the cost and term of makingyourtransfer.Forthesakeofsettlementconvenience,weofferlatercut-offtimes.Thetermsof order submission to the bank are available on the bank’shomepagewww.ab.lv.

Incoming TransfersIncomingfundsinEUR,USD,LVLarecreditedtocustomer accounts on the same bank day, provided the bank has received the information about funds creditingtoAB.LVmaincorrespondentaccountbefore 18:30 on the current transaction day, and funds in other currencies are credited on the followingbankdayaftertheybeingcreditedtothebank’smaincorrespondentaccount.

Three Types of Commission PaymentsYou may choose the commission type that is most suitableforyourbusiness–OUR,SHA,orBEN.Eachtypehasspecificcharacteristicsandadvantages–yourprivatebankerswillprovideyouwiththerelevant information.

Regular TransfersThis service makes it possible to perform automatic regulartransfersofafixedamountfromthecustomercurrentaccountwithAB.LVtoanyotheraccountwithourbank(current,savings,card,orcashaccount)ortoanaccountwithanotherbank.Thecustomerspecifiestransferfrequency,amount,andcurrencywhenfillinginanapplicationforregulartransfers.

SETTLEMENT PRODUCTS

AB.LV offers its customers settlement services that will help you in running your business. Our advantages are responsiveness, beneficial rates and charges, and focus on customer interests.

Types of commission payments charged for funds transfer

OUR

SHA

BEN

–commissionamountwithheldfromtheremitter's account

specifiedtransferamount

–commissionamountwithheldfromthetransfer amount

– transferamountreceivedbythebeneficiary

Account Balance ManagementThisservicewillbeusefulforcustomersholdingacurrentaccountwithAB.LVwithaconstantcashflow.Itmighthappenthatcustomersfailtomonitor their account balance, and as a result a bank transaction is not performed on time. An efficientsolutiontothisproblemisusingAccountBalanceManagement.

This service enables you:• tomaintainasetmaximumaccountbalance– theexcessfundswillbetransferredtoanother accountwithAB.LV,e.g.yoursavingsaccount, withregularityyouprefer;• to maintain a set minimum card or cash account balancebyreplenishingthisaccountusingfundstransfer from your current account.

Currency ExchangeThisserviceenablesyoutoexchangecurrenciesat the rate set by the bank. AB.LV informative currencyexchangeratesareprovidedonthebank’shomepagewww.ab.lv.• Amounts up to EUR 5,000 or equivalent amounts inanothercurrencyareexchangedatthebank’sgeneralexchangerate.

• ExchanginganamountoverEUR5,000orequivalent amounts in another currency, you may agreeonanindividualcurrencyexchangerate,callingthebank’sDealingDepartmentofficers(tel.:+37167775308,+37167775310).

• ForamountsexceedingEUR5,000orequivalentamounts in another currency, AB.LV offers an opportunityofcurrencyexchangebyphone.Uponagreeingthecurrencyexchangerate,

providedyouhaveacurrentaccountpasswordandsufficientfundsavailable,thecurrencyexchangetransactionisperformedduringyourtelephoneconversationwiththedealer.

Benefits:• Multicurrency current account.• Cut-offtimesforsubmittingordersforsamedayvaluetransfers–at17:00-18:00.

• Promptandefficienttransferprocessing.• Samedayincomingtransfers.• Competitiveratesandcharges.

SETTLEMENT PRODUCTS

Transfer Types

Timeofexecution

Express

Urgent

Standard

DEBIT CARDS

• Cirrus, Maestro, Visa Electron, and MasterCard Classic.

Holdersofdebitcardscanonlyusetheirownfundsequal to the card account current balance.Cirruspaymentcardenablesyoutowithdrawcashatasuitable time and in the desired currency.MaestroandVisaElectronallowwithdrawingcashandpayingforpurchaseofgoodsandservices.MasterCard Classic debit card has all the features of a creditcard,exceptthecreditlimit.

DebitcardsareavailabletoAB.LVcustomersholdinganactivecurrentaccount,butMaestrocards–alsotoourcustomers’childrenatleast13yearsold.You may choose EUR, USD, or LVL as debit card account currency.WealsoofferMaestroandVISAElectroncardsinRussianroubles–RUB.If you plan to use your card in the Baltic and CIS states, debit cards are the most convenient and cost-effective option.

CREDIT CARDS

AB.LVcreditcardallowscreditintheformofacreditline. In order to use this type of credit, the customer should place a security deposit in the bank or obtain a definiteratinginthescoringsystem.Holders of credit cards are not required to repay the wholeamountoftheusedcrediteachmonth:theyareallowedtodepositonlypartofthedebttotheircardaccount–aminimumpayment,whichusuallyequalsjust5%ofthecreditbalanceattheendofthemonth.For VISA and MasterCard cards, AB.LV offers one of the lowestcreditinterestratesamongLatviancommercialbanks.

Personal Credit Cards• MasterCard Classic and MasterCard Gold; Visa Classic

and Visa Gold.

AcreditcardallowsyoutowithdrawcashfromATMs,payforgoodandservices,bookhotelrooms,rentcars,andshopontheInternet.Notethatforperformingtheabovementionedtransactionsacarddoesnotalwaysneed to be present.

Corporate Credit Cards • MasterCard Business and MasterCard Gold Business,

Visa Business and Visa Gold Business.

Спомощьюкорпоративныхкредитныхкартсотрудникикомпании,находясьнамеждународныхвстречахиливкомандировках,получаютвозможностьосуществлятьнеобходимыеплатежи,относяихнасчетпредприятия.Всесделки,проведенныескартой,будутучитыватьсяиотражатьсявежемесячномотчетепокарточномусчету,чтосущественнооблегчитработубухгалтерии.

Nowadays, payment cards have become an integral part of our lives; they are effectively used instead of cash and offer a great number of new opportunities to their holders: cards are used to pay for goods and services, to withdraw cash from ATMs, to use credits, discounts and bonuses.

PAYMENT CARDS

CHARGE CARDS

• Forindividuals:VisaGold,AmericanExpressPlatinum Card and Centurion Card.

• For corporate entities: Visa Gold Business.Themainadvantageofchargecardsisthatthecardholderisnotchargedinterestonusingthecredit,providedtheoverallamountspentduringthecurrentmonth is completely repaid to his card account beforeaparticulardate(15th)nextmonth.Itisalsoimportantthatholdersofchargecardsmayreceiveasignificantlyhighercreditamountthanthatprovidedunder personal or corporate credit cards.

Applyingforacreditcard,beconscientiousandassess your ability to repay the credit carefully!

Inordertoblockalostorstolencard,callthebank’sClient Line at +371 6777 5555. To block the card, you need to provide your name, surname, date of birth, andcardpassword..

EXTRA SERVICES

• SMS-control.SubscribingtotheSMS-controlservice,youwillgetastatementonanycardauthorization to your mobile phone. The statement contains the authorization date, place, amount, andcurrency,alongsideinformationontheaccountbalance after each authorization performed. Thus, you can both control your card account and minimizetheriskoffraudulentoperationswithyourcard.

• Automatic repayment of card credit. If you subscribetothisservice,yourobligationsunder cardcreditwillbefulfilledbythebankontime–the requiredamountwillbetransferredfromyour current account to your card account automatically in due time.

Benefits:• Holders of MasterCard International and Visa Internationalsystemcards(exceptdebitcardsin roubles)arenotchargedcommissionsonpurchases.• To payment card holders, AB.LV offers an opportunity to obtain a travel insurance policy providingcoverageforunforeseenexpenseswhen travellingabroad.AcquiringanycreditcardofVisa Internationalpaymentsystem,youwillobtainthis insurancepolicyfreeofcharge.• Anycardyouchoose(exceptCirrusdebitcardsandchargecards)islinkedtoasingleaccount(thatmaybeopenedinUSD,EUR,orLVL),thusoptimizingcard maintenance costs.

• Extracards(e.g.forfamilymembersorauthorizedpersons)areissuedatconsiderablediscounts.

• All cards issued by our bank are chip cards. Comparedtomagneticstripecards,theyhave severalimportantadvantages,includingbetter protectionagainstfraudandcardforgery,andalso ensureconvenientusageandmultifunctionality.

PAYMENT CARDS

Benefits of AB.LV payment card

SAFETYautomatic card credit repaymentmaintenance of required card account balancemonthly card account statement

highlevelofprotectionagainstfraudandforgerySMS-report on card transactionsmonitoringoftransactions;limitsoncashwithdrawalandpurchases24-hourcardblockingservice

CONVENIENCE

STYLISH DESIGN BENEFICIAL CONDITIONS

lowcreditinterestratetravel insurance

Ourcustomersareofferedthefollowingservices:• consultationsatthestageofchoosingthebestformofpayment,whichallowsminimizingriskofexportersandimporters;

• openingbankguaranteesandimportdocumentarylettersofcredit,includingstand-bylettersofcredit;

• confirmationoflettersofcreditandguaranteesbyAB.LV and by other European and American banks;

• advisingofexportlettersofcreditandguarantees;• checkingdocumentsandcarryingoutpaymentsonlettersofcreditinfavourofexporters;

• transferringlettersofcredit;• assignmentofproceedsonlettersofcredit;• carryingoutcollectionoperations;• financingusingdocumentaryoperations.

ESCROW ACCOUNT

Anescrowaccountguaranteesourcustomersadditional security of purchase and sale transactions. Inthiscasethebuyer,theseller,andthebanksignathree-partyagreementwhichspecifiesthetermsoftransaction.Thebankguaranteesthatthebuyerandthesellerwillbothfulfiltheirresponsibilities.Thebuyercanbesurethathismoneywillbetransferredtotheselleronlyaftercertainagreementconditionsarefulfilled.Andtheseller,inhisturn,willhavenodoubtsthatuponfulfilmentofconditionsoftheescrowaccountagreement,thebankwilltransfertheentireagreedamounttotheseller.Theprocedureofusinganescrowaccountisasfollows:• thebankopensanescrowaccountfollowingthe

application of one of the transaction parties; • the buyer deposits the transaction amount in the

account; • thesellerregisterstherequesteddocumentsand presentsconfirmingdocumentstothebank;• thebankreviewsthedocumentsandtransferstheentireamountfromtheescrowaccounttotheseller’saccount.

DOCUMENTARY CREDITS

Adocumentarycreditisanobligationofthebankthatopenstheletterofcredit(theissuingbank)topaytheagreedamounttotheselleronbehalfofthebuyer,followingstrictlydefinedtermsandconditions.The bank opens a letter of credit on the basis of the importer’sinstructions,whichcorrespondtotheagreementprovisions.

Lettersofcreditensureseveralvaluableadvantagesfor the potential customers:• protectionagainstbusinessrisks;• possibilitytocooperatewithanyunfamiliarforeign

partner;• secured remedies on transactions, ensured by internationalunifiedrulesappliedtolettersofcredit;• thoroughcheckingofdocuments,relatedtoletters

of credit, performed by the bank.

AB.LVworksonlywithirrevocablelettersofcredit.Theconsentofboththebeneficiaryandtheresponsiblebanksisnecessaryinordertochangeorcancelconditions of an irrevocable letter of credit. Thebankissuesthefollowingtypesofdocumentaryletters of credit to its customers:

Stand-by Letter of CreditOneoftheguaranteeformsthatisopenedincaseof default. A stand-by letter of credit may be used asatenderguarantee,aperformanceguarantee,apaymentguarantee,andanadvancepaymentguarantee.

Transferable Letter of CreditItallowstheintermediarytotransferitsrighttoreceive funds under the letter of credit to one or more suppliers. This provides the opportunity to carry out thedealwithlimiteduseofone’sownfunds.

AB.LV is active in the field of documentary operations, aiming at providing its customers with easy and beneficial terms for import-export operations and trade finance. We execute operations using documentary credits, documentary collection, and bank guarantees.

DOCUMENTARY OPERATIONS

100%

DOCUMENTARY COLLECTION

Documentarycollectionisamethodofexecutingtradetransactions,whenthetwopartiesenteringintoanagreementtrusteachothersufficientlyandarereadytodowithoutguaranteessecuredbytheletterofcredit,butstillwouldnotliketomakedeliveriesonan open account.Usingdocumentarycollection,thesellerinstructshisbanktodelivershippingand/orfinancialdocumentstothebuyeragainstpaymentoracceptanceofabillofexchange.Thebuyercannotobtainsuchshippingdocumentswithouthavingpaidforthegoods.Thisway,documentarycollectionprovidesthesellerwithgreaterassurancethatthereceiverofthegoodswillfulfilthecontract

BANK GUARANTEES

Abankguaranteeisanirrevocableobligationonthepartofthebanktopayaspecifiedamountincaseofdefaultbythepartyonbehalfofwhichthebankisgivingtheguarantee.AB.LVoffersthefollowingtypesofguaranteestoitscustomers:• Apaymentguaranteeisusedtoguaranteethesellerthatthebuyerwillfulfilhispaymentobligationsunder the contract.

• Atenderguarantee(bidbond)isusedforinternationaltendersandcoverstheorganizers’expensesincaseaparticipantrevokesitsbidorrejectstheoffer.

• Aperformanceguaranteeisusedtostrengthenthecontractualrelationshipbetweenabuyerandaseller.Itguaranteesreimbursementoftheagreed-uponamountunlessgoodsaredeliveredorserviceis provided on the terms and conditions under the contract.

• Anadvancepaymentguaranteeisusedwhenthe contract provides for advance payment to bemadeinfavouroftheseller,andguaranteesthattheadvancepaymentwillberefundedtothebuyerintheeventoftheseller’sfailuretofulfilhisobligationsofdeliveryofthegoodsorservices.

Main advantages for the buyer (importer):• Possibility to structure the payment schedule under thecontractaccordingtotheimporter’sinterests.

• Aletterofcreditallowstheimportertoavoidorreduce pre-payment

• Exportermustcomplywithalltermsofthecontract,as indicated in the letter of credit (shipment of the goods,meetingdeliverytermsonstock,amount,anddeadlines)inordertoreceivethepayment.

Main advantages for the seller (exporter):• Abilitytostructurethedeliveryscheduleaccordingtotheexporter’sinterests.

• Guaranteed payment upon presentation of the documentsspecifiedinthetermsoftheletterofcredit.

• Reducingtheproductionrisk.• Opportunityofgettingfinancingintheperiodbetweentheshipmentofgoodsandreceiptofthepayment(incaseofdeferredpayment).

DOCUMENTARY OPERATIONS

Pre-payment

Guarantee

Letter of credit or escrowaccount

Collection

Deferred payment

Methods of payment and related risks

Risk of the seller (exporter)

Risk of the buyer (importer)

0%

0%

100%

AB.LVoffersthefollowingtypesoffinancing:

• workingcapitalfinancing;• capitalinvestmentfinancing(refinancing);• exportdeliveryfinancing.

OVERDRAFTAB.LVoffersfivetypesofoverdraftfinancing–ashort-termloanforincreasingthefundsavailableinthecustomer’scurrentaccount.

Overdraft secured by account balanceThistypeofoverdraftissecuredbythecustomer’saccount balance, and the collateral currency may differ from the credit currency. An overdraft may alsobegrantedtoacustomerincaseanothercustomeractsasaguarantor,pledginghisfundsheldwiththebankastheoverdraftcollateralandsigningacorrespondingguaranteeagreement.

Overdraft secured by incoming paymentWhenthecustomerexpectstoreceiveanincomingpaymentandhasadocumentthatconfirmsthepayer’saccounthasbeendebited,anoverdraftsecuredbyincomingpaymentmaybegranted,allowingthecustomertoperformplannedtransactions on time.

Unsecured overdraftIfthecustomer’sfinancialstabilityisassessedpositively,anunsecuredoverdraftmaybegrantedtothecustomerforexecutionoftheplannedpayment order.

Minimum overdraftIn case funds in your current account are insufficientforexecutingapaymentorder,aminimum overdraft to a small amount may be grantedpromptly.

Overdraft lineAdditionalfundsinthecustomer’scurrentaccountgrantedonthebasisofevaluationoftheaccounttransactions. An overdraft line is opened for the term of up to 6 months, provided that the used partoftheoverdraftisrepaidinfullwithinthespecifiedperiod,whichisshorterthantheoverdraftterm.

Applyingforaloan,beconscientiousandassess your ability to repay the loan carefully!

Benefits:• Promptreviewingofapplication• Competitive rates.

Using financing services, a company is given opportunities for further development and growth. AB.LV specializes in providing financing to companies operating in the field of foreign trade and distribution, as well as to manufacturing companies that use imported components or raw materials.

Main services: • legaladviceonaccountopeningandthebank’s

services;• taxadvice;

• providinglegalbackinginenteringintotransactions,includingdraftingagreements,representationandprotectingthecustomer’sinterests, etc.;

• accountingservicesandadvice.

CONSULTANCY SERVICES

FINANCING

AB.LV offers its customers a set of efficient tools for controlling and managing their capital, ensuring access to necessary bank information in any place and at any time.

INTERNETBANK AB.LV – https://www.ab.lv

Convenient and functional system Internetbank AB.LV enablesthebank’scustomerstomanagetheirfundsandperformallaccountoperationsatanyplaceworldwideand at a suitable time. Internetbank has a simple and clearmenuwithanaccentuatedactivemodule,logicalstructure of sections and subsections, various electronic formsofdocumentsnecessaryforeverydaywork.

System functionality:• current account information;• fundstransfersandcurrencyexchange;• completionofapplicationsforservicesandsending

them to the bank;• openingandmanagementofsavingsaccounts;• openingdepositaccounts;• performingbrokerageoperations;• investmentportfoliomanagement;• receivingup-to-dateinformationfromthebank;• sendingmessagestothebank.

Other useful functions of Internetbank AB.LV:• possibility to create document templates;• searchingforearlierorders;• groupingcurrentorderstobesentasapacket tothebankforprocessing;• creatinguser’spersonalbookmarks;• possibilitytoobtaincompleteinformationonone’s credit liabilities in the loans section;• creatingadditionaluseraccounts,grantingthem particularuserrightsforworkinInternetbankand limitingtheiraccesstoinformation.

TELEPHONE ORDER

Thisserviceisconvenientforcustomerswhoneedtomaketransferswherevertheyare.Youcallyourprivatebankerandgiveoralinstructionstomakeatransferorperform some other transaction. To use this service, you needtocompleteatelephoneorderapplication,settingtransfer templates and transaction limits. The Telephone Orderservicealsoallowsyouto:• place a standard deposit;• openasavingsaccount(EXTRA);• altertermsandconditionsoftheexistingsavings accountandtotransferfundsfromthesavings account.

BANK’S HOMEPAGE – www.ab.lv

Optimized for the quickest possible access, AB.LV homepageensureseasynavigationandcontainsallnecessary information: on the bank proper, documents, andotherimportantdataformakingtransactions.

Werespectyouandintendtosaveyourtime,thatiswhyallinformationisgroupedbysubjectmatter.Ourhomepagealsoprovidesinformationoncurrencyexchangerates,currentoffers,thebank’sservices,management,andotherusefulandinterestingdataaboutthe bank and its activities.

CLIENT LINE

Ifyoucannotrememberyourprivatebanker’sphonenumberorwishtogetgeneralinformationonthebank’sservicesandrates,callAB.LVClientLineat+3716777 5555.

Theoperatorwillprovideyouthenecessaryinformationandputyourcallthroughtoyourprivatebankeroranotherbankofficer.

FAX

Ifnoneoftheabovecommunicationwayssuitsyou,youmayusethesimplestcommunicationchannelandfaxorders and other documents to the bank.

IDENTIFICATION MEANS

WorkingwithAB.LV,youwillalwaysbesurethatyourdataaresafelyprotected.Inordertoaccessthebank’sinformation,thecustomerisidentifiedbyoneofthemeans offered by our bank:• DigiPassdevice;• testkeysgeneratingprogramTest-KeysAB.LV;• code card;• password.Theremoteaccessmeans(exceptpassword)generateanaccesscode–atestkeythatenablesustoguaranteehighsecurityofyourtransactionsandcommunicationwiththebank.

COMMUNICATION WITH THE BANK: REMOTE SERVICE

Aizkraukles Banka23ElizabetesStreet,Riga,LV-1010,LatviaClient Line: +371 6777 5555e-mail: bank@ab.lvwww.ab.lv

IBAS “AB.LV Capital Markets”

23ElizabetesStreet,Riga,LV-1010,Latviatel.: +371 6700 2777e-mail: ibas@ab.lv

IPAS “AB.LV Asset Management”

23ElizabetesStreet,Riga,LV-1010,Latviatel.: +371 6700 2777e-mail: ipas@ab.lv

Representative offices of Aizkraukles Banka and AB Konsultācijas:

• Moscow, Russia 20DayevStreet,Office227 tel.: +7 495 604-83-34

• St. Petersburg, Russia 8a Dobrolyubova Prospect tel.: +7 812 635-88-20

• Kiev, Ukraine 42/44 Shelkovichnaya Street tel.: +38 044 490-69-16

• Odessa, Ukraine 33ZhukovskogoStreet tel.: +38 048 734-53-31

• Minsk, Belarus 11/2NezavisimostiProspect,Office306, tel.: +375 17 210-47-12

• Almaty, Kazakhstan 188DostykProspect,,Office402 tel.: +7 7272 59-84-80

• Baku,Azerbaijan 16 Gyullya Street, Icheri Shekher tel.:+994 12 437-25-78

• Tashkent, Uzbekistan 16Sh.RashidovaStreet,Office7-01

Junus Abad District tel.: +998 90 988-98-81