Å iauliai, Lithuania, 2013-02-23 22:11 CET (GLOBE NEWSWIRE) --
On February 23, 2013 Å iauliu bankas signed the agreement with the European Bank for Reconstruction and Development according to which the EBRD grants the subordinated loan to Å iauliu bankas in the amount of EUR 20 million for the period of 10 years.
The purpose of the loan is to strengthen the capital base of Å iauliu bankas while taking over the share of Ukio bankas assets and liabilities
Chief Executive Officer Audrius Ziugzda
Chief Executive Officer Audrius Ziugzda shall provide the additional information and is available on tel. +370 5 263 6157.
On February 23, 2013 Å iauliu bankas signed the agreement with the European Bank for Reconstruction and Development according to which the EBRD grants the subordinated loan to Å iauliu bankas in the amount of EUR 20 million for the period of 10 years.
The purpose of the loan is to strengthen the capital base of Å iauliu bankas while taking over the share of Ukio bankas assets and liabilities
Chief Executive Officer Audrius Ziugzda
Chief Executive Officer Audrius Ziugzda shall provide the additional information and is available on tel. +370 5 263 6157.
© 2013 GlobeNewswire