Transactions regarding sales of real estate have been concluded

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| Source: Siauliu Bankas
multilang-release

Šiauliai, Lithuania, 2014-03-10 17:21 CET (GLOBE NEWSWIRE) --  

Implementing its business strategy after taking over part of Ūkio bankas' assets and liabilities  Šiaulių bankas AB concluded transactions regarding sales of part of Šiaulių bankas' real estate in order to turn non-banking assets into the assets generating income and, thus, to increase the profitability of the bank's performance.

The total value of the transactions is LTL 20 million (without VAT), while the price of the real estate objects is close to the value established during the transfer.

 

Chief Executive Officer Vytautas Sinius

 

         Additional information shall be provided by Chief Executive Officer Vytautas Sinius by telephone +370 5 2362209