December 09, 2016 6:37 PM ET

Banks

Company Overview of Siauliu Bankas AB

Company Overview

Šiauliu Bankas AB provides commercial banking services to private and corporate customers in the Republic of Lithuania. Its banking products and services include various time deposits, child’s deposits, accumulative deposits, and savings deposits; consumer credits, mortgage loans, credits for studies and farmers, micro credits, state supported credits, and short-term and long-term credits, as well as multi-apartment house renovation loans; and payments, cash operations, payment cards, cheques, e-banking, and other banking services. The company also provides structural funds, factoring services, foreign exchange, documentary payments and guarantees, and leasing services. In addition, it offer...

Tilžes str.149

Siauliai,  76348

Lithuania

Founded in 1992

827 Employees

Phone:

370 41 595 607

Fax:

370 41 430 774

Key Executives for Siauliu Bankas AB

Siauliu Bankas AB does not have any Key Executives recorded.

Siauliu Bankas AB Key Developments

Siauliu Bankas AB Reports Unaudited Group and Bank Earnings Results for the Nine Months Ended Sept. 30, 2016

Siauliu Bankas AB reported unaudited group and bank earnings results for the nine months ended Sept. 30, 2016. For the period, the group reported net interest income of EUR 47,112,000. Operating profit before impairment losses was EUR 54,263,000. Profit from continuing operations before income tax was EUR 42,572,000. Profit from continuing operations was EUR 37,004,000. Net profit attributable to owners of the bank was EUR 37,023,000 or EUR 0.10 per diluted share compared with EUR 17.2 million a year ago. For the period, the bank reported net interest income of EUR 41,532,000. Operating profit before impairment losses was EUR 51,394,000. Profit from continuing operations before income tax was EUR 43,390,000. Profit from continuing operations was EUR 35,354,000. Net profit attributable to owners of the bank was EUR 38,354,000 compared with EUR 16.6 million a year ago.

INVL Technology Signed a Market Maker Services Agreement with Siauliu Bankas

INVL Technology has signed the market-making agreement with Siauliu Bankas, which has undertaken to act as market maker for the company‘s shares to increase their liquidity. Under the agreement, Siauliu Bankas will provide liquidity on both bid and ask sides around the INVL Technology spread at least 85% of the trading time on the stock exchange, increasing market depth in this way. The service will commence from 8 August 2016.

Siauliu Bankas AB Announces Unaudited Standalone and Consolidated Earnings Results for the Six Months Ended June 30, 2016

Siauliu Bankas AB announced unaudited standalone and consolidated earnings results for the six months ended June 30, 2016. For the six months, on consolidated basis, the bank announced interest and similar income of EUR 38,483,000, net interest income of EUR 32,163,000, operating profit before impairment losses of EUR 39,197,000, profit from continuing operations before income tax of EUR 29,977,000, profit from continuing operations of EUR 26,207,000, net profit for the year of EUR 26,241,000, net profit attributable to owners of the bank of EUR 26,241,000 and basic and diluted earnings per share attributable to owners of the bank was EUR 0.07. For the six months, on standalone basis, the bank announced interest and similar income of EUR 34,779,000, net interest income of EUR 28,457,000, operating profit before impairment losses of EUR 37,326,000, profit from continuing operations before income tax of EUR 31,980,000, profit from continuing operations of EUR 28,606,000, net profit for the year of EUR 28,606,000, net profit attributable to owners of the bank of EUR 28,606,000.

Similar Private Companies By Industry

Company Name Region
AB Ukio bankas Europe
AIVA, prekybos namai, UAB Europe
Skandinaviska Enskilda Banken AB, Vilnius Branch Europe
UAB Medicinos Bankas Europe
"Swedbank", AB Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Siauliu Bankas AB, please visit www.sb.lt. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.