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.