25 Mar 2020
EUR 750 million
|Date of agreement:||17 Sep 2007|
|Customer:||Siauliu Bankas AB|
|Amount in EUR:||EUR 5.5 million|
|NACE sector / loan type:||Financial intermediation, except insurance and pension|
|Business area:||Financial institutions and SMEs|
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.