Siauliu Bankas AB: The agreement on transfer of Ukio bankas AB assets, rights, transactions and liabilities was signed

Å iauliai, Lithuania, 2013-02-23 20:46 CET (GLOBE NEWSWIRE) --

On February 23, 2013 Å iauliu bankas AB, the temporary administrator of Ukio bankas and the State undertaking "Deposit and Investment Insurance" signed the agreement on transfer of the share of Ukio bankas AB assets, rights, transactions and liabilities. According to the present agreement Å iauliu bankas shall take over the liabilities to the clients in the amount of LTL 2.7 billion. The total value of the transferable assets and the amount payable by the State undertaking "Deposit and Investment Insurance" comprises LTL 2.7 billion as well.

Chief Executive Officer Audrius Ziugzda

Chief Executive Officer Audrius Ziugzda shall provide the additional information and is available on tel. [phone].