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August 03, 2015 10:12 PM ET


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; and bank accounts, payments, cash operations, payment cards, cheques, e-banking, and other banking services. The company also provides investment funds, structural funds, factoring services, and documentary payments and guarantees. In addition, it offers investment, foreign exchange, and debt security serv...

Tilžes str.149

Siauliai,  76348


Founded in 1992

826 Employees


370 41 595 607


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

Siauli Bankas Group Reports Unaudited Earnings Results for the First Half of 2015

Siauli Bankas Group reported unaudited earnings results for the first half of 2015. For the period, the group earned net profit of EUR 15.2 million which is 2.3 times more than in the same period of previous year of EUR 6.5 million. Net profit amounted to EUR 12.4 million which increased by 77 % as compared to the first half of previous year when net profit of EUR 7 million was earned. Results achieved by group during the first half year are the reflection of major changes in activities for the recent years. As the group grows, activities become more versatile - this given the perspective to achieve sustainable growth and improvement, and to increase the competitiveness and value of the bank. Group`s operating efficiency increased along with the increasing operating income. Cost to income ratio amounted to 56.8% at the end of June, return on equity amounted to 26.8 %, return on assets was 1.9 %.

Siauliu Bankas AB Announces Amendments to the Charter

Siauliu Bankas AB announced that at the EGM held on June 22, 2015, the shareholders approved amendments to the charter, not related to the authorized capital increase and also approved amendment of the Charter, related to the authorized capital increase.

Siauliu Bankas AB Proposes Amendments to its Charter

Siauliu Bankas AB announced that at its EGM to be held on June 22, 2015, the shareholders will consider amendment of the Bank Charter, not related to the authorized capital increase and also consider the amendment of the Bank Charter, related to the authorized capital increase.

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