Šiaulių bankas invites to acquire well-known and acknowledged worldwide payment cards Visa Classic, MasterCard Standard and Visa Gold at favorable conditions.

Šiaulių bankas starts accepting the applications for credits for Modernisation of Multi-apartment Buildings from the European Investment Bank (EIB) under the JESSICA programme.

A term of consumer loan is significantly longer henceforth. Customers taking out a consumer loan will be able to redeem it after a 3 years term; previously maximum consumer loan term was up to 1 year.

On 5 August this year the winners of the prizes of credit payment cards campaign "Payment cards extending summer time“ were selected. They are presented with 19 instantaneous prizes and 10 interim prizes.

The results for the second quarter reflect the optimism that comes into sight due to the economy recovery. The Bank within the reference quarter earned LTL 4.5 million operating profit before tax, dividend and provisions or by 2.2 times more comparing to the relevant quarter of the previous year.

On 7 July the first winners of the prizes of credit payment cards campaign "Payment cards extending summer time“ were selected. They are presented with 20 instantaneous prizes and 10 interim prizes.

On 23 June this year, the day of delivery of degree certificates, Šiaulių bankas together with Šiauliai City Municipality, Šiauliai Industrialists’ Association, and Šiauliai Chamber of Commerce, Industry and Crafts awarded to the authors of the best projects of the contest “For the best project to Šiauliai city and business” with two incentive premiums.

Šiaulių bankas has received the permission from the Bank of Lithuania to register the amendments to the Charter, which are connected with the increase of the authorized capital.

Maestro payment cards of Šiaulių bankas are issued free of charge - such a campaign will be carried out by the Bank during the whole summer, i.e. till 31 August this year.

Since the 1st June Šiaulių bankas announces the credit payment cards campaign, the main prize of which is an exotic trip for two persons.

Šiaulių bankas with its priority to financing small and medium enterprises last year was the most active partner of Investicijų ir verslo garantijos AB (INVEGA).

Šiaulių bankas, reviewing the quality of the existing loan portfolio; within January-March this year formed LTL 8.96 million special provisions, which influenced the loss of the Bank amounting LTL 6.9 million over the first quarter.

According to unaudited data, Šiaulių bankas incurred a loss of LTL 30.1 million over 2009. Due to worsening assets quality, LTL 45 million was allocated for special provisions during the year.

Since 22 February this year the way of time deposit interest payment is changed.

Report on the stock event

European Investment Fund (EIF) and AB Siauliu Bankas today signed an agreement under which Siauliu Bankas will provide loans worth EUR 40 million (over LTL 138 million to) Small and medium sized enterprises SMEs in Lithuania.

Since now the pensioners who receive their old-age pensions to Šiaulių bankas’ account or to Šiaulių bankas’ payment card account will be able taking the advantage of more favourable conditions, i.e. lower fees, higher time deposit interest and some other useful offers.

Šiaulių bankas announces the campaign of payment card Visa Electron with Insurance, during which 0.2 per cent higher annual deposit interest will be applied to those clients who acquire the mentioned payment card placing a time deposit.

Since January 11th 2010 Šiaulių bankas has changed the deposit interest rates in litas. Šiaulių bankas pays 6.8 per cent for the one-year accumulative deposits in litas, 3.9 per cent - for the deposits in euros, and 1.9 per cent of interest for the same period deposits in US dollars.

Since January 6th Šiaulių bankas has changed the interest rates paid for the deposits in litas. The bank pays 7.3 per cent of annual interest for a one-year time deposit in litas, 7 per cent - for nine-month and 6.7 per cent - for six-month time deposit in litas.