2002

December 2002
The bank started providing consumer loans to individual clients.

December 2002
The LTL 38,021,000 equity capital of Šiaulių Bankas was registered.

October 2002
Fitch Ratings, an international rating agency, awarded Šiaulių bankas the following ratings: a long term rating B+, a short-term rating B, an individual rating D and support rating 5. The long term rating is estimated as stable.

August 2002
A secondary Šiaulių bankas company UAB  Šiaulių banko turto fondas was established.

July 2002
A secondary Šiaulių bankas company UAB  Šiaulių banko faktoringas was established.

February 2002
AB Šiaulių bankas signed an agreement with Dresdner Bank AG on granting EUR 1 million line credit to finance clients.

January 2002
The bank launched the programme for granting micro credits to small and medium-size enterprises.