July 30, 2014 5:14 AM ET

Banks

Company Overview of Siauliu Bankas AB

Company Overview

Šiauliu Bankas AB engages in commercial banking activities in the Republic of Lithuania. The company engages in accepting deposits; issuing loans; making money transfers and documentary settlements; exchanging currencies; issuing and processing debit and credit cards; providing trade finance; and investing and trading in securities. Its banking products and services include time deposits, child’s deposits, accumulative deposits, and savings deposits; consumer credit, mortgage loans, credits for studies and farmers, micro credits, the state supported credits, and short-term and long-term credits; and bank accounts, payments, cash operations, payment cards, cheques, e-banking, and other bankin...

Tilzes Street 149

Siauliai,  76348

Lithuania

Founded in 1992

817 Employees

Phone:

370 41 595 607

Fax:

370 41 430 774

Key Executives for Siauliu Bankas AB

Siauliu Bankas AB does not have any Key Executives recorded.

Siauliu Bankas AB Key Developments

Siauliu Bankas AB Reports Unaudited Consolidated and Standalone Earnings Results for the First Half Ended June 30, 2014

Siauliu Bankas AB reported unaudited consolidated and standalone earnings results for the first half ended June 30, 2014. For the period, the group net interest income of LTL 53,228,000, operating profit before impairment losses was LTL 38,760,000, profit from continuing operations before income tax was LTL 12,432,000, net profit and net profit attributable to owners of the bank was LTL 22,384,000 or LTL 0.08 per diluted share. For the period, the bank net interest income of LTL 54,151,000, operating profit before impairment losses was LTL 41,719,000, profit from continuing operations before income tax was LTL 27,333,000, and net profit was LTL 24,248,000.

Siauliu Bankas AB Omits Dividend for the Year 2014

Siauliu Bankas AB in 2014 the annual general meeting of shareholders decided to not to pay dividends. On March 28, 2013 the ordinary general meeting of shareholders made a decision to pay LTL 0.005 dividends per one ordinary registered share with LTL 1 nominal value each.

Siauliu Bankas AB Announces Unaudited Group and Bank Cash Flow Results for First Quarter Ended March 31, 2014

Siauliu Bankas AB announced unaudited group and bank cash flow results for first quarter ended March 31, 2014. For the quarter, the group reported net cash flow from operating activities of LTL 89,833,000 against LTL 1,405,940,000 for the same period a year ago. Acquisition of property, plant and equipment and intangible assets was LTL 1,278,000 against LTL 34,617,000 for the same period a year ago. For the quarter, the company reported net cash flow from operating activities of LTL 73,105,000 against LTL 1,692,426,000 for the same period a year ago. Acquisition of property, plant and equipment and intangible assets was LTL 1,198,000 against LTL 34,617,000 for the same period a year ago.

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