AB.LV is an independent private bank, 100% owned by Latvian shareholders; its charter capital amounts to 15,000,000 LVL. The number of shares is 100,000, the number of shareholders is 106, of which 89 are private individuals, and 17 are enterprises. Major shareholders are Ernest Bernis and Nika Berne (47,04%), Oleg Fils (47,04%) and Alexander Bergmanis (2,87%).
Aizkraukles Banka has representative offices in Ukraine, Belorussia, and in Kazakhstan.
The AB.LV Group includes Aizkraukles Banka and its two subsidiary investment companies: brokerage joint stock company AB.LV Capital Markets and investment management joint stock company AB.LV Asset Management.
The investment management joint stock company AB.LV Asset Management is licensed by the Financial and Capital Market Commission to provide assets management services, and the brokerage joint stock company AB.LV Capital Markets is licensed by the FCMC to provide brokerage and related services.
AB Consulting is a corporation offfering legal consulting on bank’s services and on issues related to managing property, tax optimization, and international business strategies. AB is one of the founders of AB Consulting. The central office of the subsidiary is located in Riga, with representative offices in Russia, Ukraine, Azerbaijan and, since 2008, in Uzbekistan.