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2010-11-24 Bank SNORAS plans to increase the authorized capital
AB Bank SNORAS Board has decided to offer the shareholders to increase the authorized capital by additional contributions. More detailed projects of the shareholders’ decision, the amount by which the authorized capital will be increased and the price of new shares that will be distributed will be announced during the extraordinary general meeting of the shareholders, which is planned to take place on 21 December 2010. | More
2010-11-16 45 thousand of Lithuanian residents intend to take consumer loans this year
Approximately 45 thousand of Lithuanian residents intend to take consumer loans before the end of this year, and the major part of them – the half – intend to borrow money for improving the housing and household conditions – for housing renovation, for purchasing household and electronic equipment. Less frequently residents plan to borrow money for buying a car or for a holiday trip. Every fourth resident intending to take consumer loans plans to cover old debts with them. It was revealed by the public opinion survey, which was performed by “Spinter tyrymai” – the company surveying marketing. | More

To the attention of the payment card holders!

On 16th November 2010 from 22:00 till 6:00 o'clock possible failures may occur, while making settlements with the bank's payment cards, due to the programme software changes works being performed.

2010-11-10 Conference “Bank SNORAS. Stability in the epoch of changes.”
At the end of October 2010, the employees of Bank SNORAS International Business Division and the representative office of the bank in Ukraine arranged in Kiev a conference for the bank’s partners “Bank SNORAS. Stability in the epoch of changes.”

During the conference, Marius Janukonis – the representative of the Republic of Lithuania Ministry of Foreign Affairs – spoke about the economic and political situation in Lithuania, the priority directions of economic development as well as investment opportunities for foreign investors, while the representatives of Bank SNORAS and the representative office in Ukraine introduced the products of the investment Bank “Finasta” – the company of Bank SNORAS and subsidiary group.
 | More
2010-11-10 SNORAS: the most active in the projects of renovating multi-apartment houses – Vilnius and Panevėžys
This year Bank SNORAS has credited 54 communities of residents of multi-apartment houses, which borrowed money for housing renovation, and the total sum designated for such projects exceeded LTL 15.1 million. Most projects of renovating multi-apartment houses have been financed in Vilnius and Panevėžys – 18 and 15 respectively. In addition, the communities in Kaunas, Klaipėda, Šiauliai, Alytus, Tauragė, Mažeikiai and Marijampolė have also used Bank SNORAS loans this year. The average sum of one project exceeds LTL 281 thousand. | More

To the attention of “Internet Bank+” users

Temporary malfunctions of the e-banking system "Internet Bank+" are possible on 11 November 2010 from 6:00 p.m. to 8:00 p.m. due to the works performed on changing/testing the software.

2010-11-04 The net unaudited profit of AB Bank SNORAS grew by 44 per cent
AB Bank SNORAS continues to operate profitably – according to the unaudited data, within nine months of this year the bank’s activity profit before taxes and provisions comprised LTL 67,460 million. During three quarters of this year, Bank SNORAS formed LTL 63,201 million of provisions. The net unaudited profit of the bank amounted to LTL 5.9 million and, in comparison to the appropriate period last year, grew by 44 per cent. | More
2010-11-03 AB Bank SNORAS asks to include shares in the official trading list of the stock exchange
The Board of AB Bank SNORAS decided to address the Stock Exchange of NASDAQ OMX Vilnius, requesting to include the bank’s ordinary registered shares in its official trading list. Until now Bank SNORAS registered ordinary shares have been traded in the additional trading list of the stock exchange. Bank SNORAS intends to submit the application to Vilnius Stock Exchange by 5 November this year. | More
2010-11-02 Bank SNORAS offers a new investment product – the inflation linked deposit certificate
Bank SNORAS offers a new investment instrument – the two-year deposit certificates whose interest rates will depend on the annual inflation level in Lithuania. Their annual interest rate will be calculated by adding the additional 3 per cent return to the annual inflation expressed in per cent, while the minimum interest per year will reach at least 5 per cent. The inflation linked deposit certificate can be acquired in all subdivisions of Bank SNORAS, whereas an extra fee is not applicable for the acquisition. | More
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