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2013-11-28 High value real estate portfolio now being sold by Snoras Bankruptcy administrator - Over LTL 50 million is expected to be received for 14 properties
Over LTL 50 million is expected to be received for 14 properties | More
2013-11-22 Snoras bankruptcy administrator paid LTL 300 million to second ranking creditor
Agreed creditors with first ranking, i.e. the employees of the bank, have already been paid and received LTL 9.3 million. The Snoras bankruptcy administrator has now, on 19 November, made the first payment of LTL 300 million to the second ranking creditor, the State company Deposit and Investment Insurance. Following approval by the court, Insurance Deposit and Investment Insurance, will be paid LTL 425 million in 3 payments by 31 January 2014. | More
2013-11-01 N. Cooper: “We are in continuing talks with several Finasta Banking Group potential buyers”
The Snoras bankruptcy administrator is actively continuing to negotiate the specific terms of acquisition with LHV Group, a financial group from Estonia, which was authorised by the Bank of Lithuania on 29 October to acquire Finasta bank as well as its subsidiaries Finasta Asset Management and financial brokerage company Finasta. Several other potential investors have also shown interest in the financial services provider controlled by the bankrupt Snoras bank, and they are in a process of preliminary negotiations with the administrator. | More
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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