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Organization: Bankas SNORAS
LEI 8945006X4EWZ0YTJM739, SWIFT SNORLT22XXX

The issuer's bonds defaulted in 2011
Organization name
Bankas SNORAS AB
Country name
Lithuania
Country of registration
Lithuania
Industry
Banks
Bond debt
23 mln USD

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Profile

Bank SNORAS was established in 1992 as Šiauliai Regional Bank and was renamed into Bankas SNORAS AB in 1993. In fifteen years of operations SNORAS has become one of the largest banks in Lithuania. The bank manages the most modern and expansive customer service network in the country, including ten regional branches, seven branch outlets, over 220 outlets and over 320 ATMs. Bankas SNORAS AB successfully entrenches in the leading position of retail banking market in Lithuania and steadily expands towards EU countries. Due to the outstanding growth international financial magazine The Banker named SNORAS among the fastest growing Central European banks in 2004. The Banker also announced Bankas SNORAS AB Bank of the Year 2006 in Lithuania. The main strategic directions of SNORAS operations are as follows: Retail and corporate banking Development of banking group companies' services Investment banking and corporate finances. Bankas SNORAS AB is a member of international financial group „Konversbank", consisting of 9 banks, and has its representative offices in Belgium, Czech Republic, Estonia, Latvia, Ukraine and Belarus. The bank controls shares of the oldest and the largest in terms of the customer service network bank in „Latvijas Krājbanka".

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Codes

  • LEI
    8945006X4EWZ0YTJM739
  • SWIFT
    SNORLT22XXX

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Macroeconomic Indicators - Bankas SNORAS

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