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2008-04-29
Bankas SNORAS is planning to establish the customer service network in Estonia
Bankas SNORAS, after opening in March this year a branch in Tallinn which succeeded the representative office that was operating in the capital of Estonia for three years, is now planning to continue creating the customer service network in Estonia. It is anticipated that it will comprise the establishment of the branch outlets, which will be ideal for the business sector servicing, and development of the mini-banks network convenient for the private clients.
"In Estonia, we will be forming the savings divisions' network which became the characteristic feature of Bankas SNORAS and proved to be successful not only in Lithuania but in Latvia as well. Concentration of banks is not high in the developing peripheral regions of Estonia, therefore, having started developing the mini-banks concept in them, we will fill in this unused retail banking niche." Žoržas Šarafanovičius, the deputy chairman of Bankas SNORAS Management Board, the director of Business Development Division, stated after the visit to the Estonian branch.
According to Ž. Šarafanovičius, the unique mini-banks concept of Bankas SNORAS created in Lithuania and Latvia allowed to form the most expansive customer service networks which became one of the most important advantages of the bank - the clients can receive services quickly and operatively in most regions.
The escorting delegation of the President of the Republic of Lithuania Valdas Adamkus who paid a state visit to Estonia was also presented with the opportunities of Bankas SNORAS Estonian branch both for businessmen operating in Lithuania and the business representatives developing their activity in Estonia.
"Bankas SNORAS activity in Tallinn is only gaining momentum; however, in the nearest future the bank will be able to offer quite a few services facilitating and accelerating the Lithuanian business development in Estonia," Ž. Šarafanovičius maintains.
Already this month Bankas SNORAS Estonian branch began providing Estonian residents with the time deposits services which are distinguished for their attractive conditions.

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AB Bank SNORAS
7 A.Vivulskio Str. LT-03221 Vilnius
Phone: + 370 5  239 2239
Fax: + 370 5  232 7300
E-mail: info@snoras.com
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