All agreed loans

Lithuania. Siauliu Bankas AB

Date of loan: 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
Business area: Financial institutions and SMEs

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.