NIB in brief in your language:
Lithuania. Siauliu Bankas AB. Banking and finance
Date of loan: 17 September 2007
Country: Lithuania
Borrower: Siauliu Bankas AB
Sector/loan type: Banking and finance
Subsector: Financial intermediation, except insurance and pension
Project:
The loan programme totalling EUR 5.5 million will be used for onlending to Lithuanian small and medium-sized enterprises (SMEs). Siauliu Bankas is Lithuania's 7th bank in terms of assets. It holds a considerable market share in SME financing, particularly in northwestern Lithuania. The bank's branch network covers about 75% of the country.
