Lithuania. Siauliu Bankas AB
| Date of agreement: | 17 Sep 2007 |
|---|---|
| Country: | Lithuania |
| Customer: | Siauliu Bankas AB |
| Amount in EUR: | EUR 5.5 million |
| NACE sector / loan type: | 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.