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2014-01-31 Neil Cooper: “The Finasta process has now moved into the final phase
The Finasta selling process has reached its final phase. Two buyers are actively seeking to acquire the financial group after submitting valid offers. For now, the Bank of Lithuania still has to give its final decision whether or not Borges Equity Partners would be allowed to buy the Finasta banking group. | More
2014-01-29 Former Snoras shareholders notified of stock valuation
All former shareholders of Snoras have been notified by the Bank by mail of the price of one Snoras share (ordinary and preference) approved at LTL 0.00 (zero litas and zero cents) by a resolution of the Government.  | More
2014-01-29 Over LTL 1 billion now recovered in Snoras loan repayments - Extra LTL 153 million collected in interest and charges on administration services
Since the declaration of bankruptcy on 7 December 2011 to the end of December 2013, the Snoras bankruptcy administrator, supported by bank staff, has managed to recover LTL 1 billion in loans repayments plus LTL 153 million in interest and other servicing payments as a result of active management of the bank’s loan portfolio. Out of these amounts, LTL 50 million in loans and nearly LTL 7 million in interest was recovered by way of foreclosed property collateral. | 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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