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KM Financial Solutions | UPDATE 3-ECB pulls the plug on Latvia’s failing ABLV Bank
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UPDATE 3-ECB pulls the plug on Latvia’s failing ABLV Bank

23 Feb UPDATE 3-ECB pulls the plug on Latvia’s failing ABLV Bank

Posted at 16:50h in News by
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FRANKFURT/RIGA, Feb 24 (Reuters) – Latvia’s ABLV Bank is
failing or likely to fail and will be wound up as saving it is
not in the public interest, the European Union’s Single
Resolution Board and the European Central Bank (ECB) said
separately on Saturday.

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