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The bank's Financial Brokerage Department (FBD) is the bearer of License No. 8 issued by the Bank of Lithuania, participant in the Lithuanian Central Securities, which allows for the activities of intermediation on behalf of the bank's clients in selling shares, bonds, and Government securities, on the Exchanges and over-the-counter. Bank also allows clients to purchase/sell investment funds units.

How do I trade in securities?

Want to buy or sell securities? Please contact the FBD financial brokers, who are holders of a license confirming the relevant qualification. You will be supported with quick and professional help in selecting securities and risk acceptable for you. To this point, a representation agreement must be concluded, on the basis of which the bank will open, free of charge, a securities account and monetary account on your behalf for the purchase and sale of securities. After the conclusion of a service agreement with the bank, you can present an order to buy or sell securities. The order is presented to the broker personally by fax or in any other acceptable way, the signed original of the order being submitted later. Having received a correctly filled-in order, the broker enters it, provided there are sufficient funds in your securities account for purchasing or selling securities and informs you about its execution. The brokering is subject to a set commission fee.

Purchase/sale of bonds Fee, %
Up to 100 000 EUR  0.20, minimum 100 EUR
100 001 to 500 000 EUR 0.15
500 001 tо 2 000 000 EUR 0.10
Over 2 000 000 EUR Individual fee

Purchase/sale of stocks and bonds on MICEX Fee, %
Up to 200 000 RUB 0.55, minimum 400 RUB
200 001 RUB tо 1 000 000 RUB 0.45
1 000 000 RUB to 5 000 000 RUB 0.35
Over 5 000 000 RUB Individual fee

Investment fund units purchase/sale Fee, %
Up to 50 000 EUR 0.50, minimum 10 EUR + 3rd party  fees
50 001 EUR tо 200 000 EUR 0.40 + 3rd party  fees
200 001 EUR tо 1 000 000 EUR 0.30 + 3rd party  fees
Over 1 000 000 EUR Individual fee

AB bankas SNORAS
7 A.Vivulskio Str. LT-03221 Vilnius
Phone: + 370 5  232 7193
Fax: + 370 5  232 7300
E-mail: info@snoras.com
Toll free client line – + 370 800  27 272
 
  © 2009 AB bankas SNORAS
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