Vilnius Court Backs Bankruptcy Case for Bankas Snoras, BNS Says

The Vilnius district court backed the Lithuanian central bank’s request to begin bankruptcy proceedings against Bankas Snoras AB after the lender collapsed last month, the Baltic News Service reported, citing the court’s spokesman Gintautas Stalnionis.

To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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