Brief: Siauliu Bankas To Buy Retail Loan Portfolio Of Danske Bank's Lithuanian Branch

Artea bankas AB

09/01/2020 14:26

Jan 9 (Reuters) - Siauliu Bankas AB  SAB1L.VL :
    * SIAULIU BANKAS AB - SIGNED AGREEMENT WITH LITHUANIAN
BRANCH OF
DANSKE BANK FOR THE ACQUISITION OF THE RETAIL LOAN PORTFOLIO OF
EUR 125 MILLION
    * SIAULIU BANKAS AB -  TRANSACTION IS SCHEDULED TO BE
COMPLETED
WITHIN FOUR MONTHS AFTER SIGNING OF THE AGREEMENT
    * SIAULIU BANKAS AB -  WILL ACQUIRE THE RETAIL LOAN
PORTFOLIO
INCLUDING IT’S LIABILITIES OF THE LITHUANIAN BRANCH OF DANSKE
BANK

Source text: https://sb.lt/lt/apie/naujienos/siauliu-bankas-ketina-isigyti-danske-bank-privaciu-klientu-kreditu-portfeli-lietuvoje
 
    
Further company coverage:  SAB1L.VL 

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