2006

20 December 2006
The bank signed an agreement according to which six world banks granted a syndicated loan in the amount of EUR 12 million. The organizer of the loan – the European Bank for Reconstruction and Development, its contribution amounted to one third of the loan.

18 December 2006
The amended Statute of AB Šiaulių bankas with an increased authorized capital was registered in the Register of Legal Entities of the Republic of Lithuania on 18 December 2006. The bank's authorized capital increased from LTL 94 million to LTL 109,039,200.

11 December 2006
As of 11 December AB Šiaulių bankas shares have been quoted on the Official List of Vilnius Stock Exchange.

29 November 2006
AB Šiaulių bankas and German finance and credit company KfW Bankengruppe signed an agreement according to which Šiaulių bankas was granted a credit line in the amount of EUR 10 million (LTL 34,5 million) by KfW to finance municipal infrastructure projects.

20 November 2006.
AB Šiaulių bankas implemented a system of information terminals.

15 November 2006
A new customer service branch opened in Jonava. At the moment the bank services are provided in 49 territorial outlets in 29 towns.

9 November 2006
on 8 November 2006 AB Šiaulių bankas and the company SEB investicijų valdymas, the subsidiary of SEB bankas Group, signed an agreement on the distribution of four investment funds’ units of SEB investicijų valdymas at the branches of Šiaulių bankas.

18 October 2006
The 8th customer service branch was opened in Šiauliai.

18 July 2006
Šiaulių bankas ranked first in the competition for granting microcredits from the state funds. The bank shall be awarded LTL 15 million for granting microcredits, i. e., more than a half of all funds allocated by the Government of the Republic of Lithuania for this programme (LTL 28.8 million in total).

4 July 2006
The Extraordinary Shareholders Meeting of AB Šiaulių bankas held on July 4th resolved to increase the Bank’s authorized capital by LTL 15 million with additional contributions issuing 15 million of ordinary registered shares with nominal value LTL 1 per share. The authorized capital after the increase exceeds the amount of LTL 109 million. 

23 June 2006
The International Rating Agency Moody’s assigned a Ba3 rating for long-term deposits, a NP rating for short-term deposits and a D- rating for financial capacity. 

31 May 2006
According to the data published in May this year after research of the TOP companies in the Central and Eastern Europe carried out by the magazine Euromoney, the strategy of Šiaulių bankas was recognised as one of the most purposeful and consistent in Lithuania (the 5th place).

22 May 2006
On May 19, 2006, the Securities Commission of Lithuania approved the base prospectus of the programme of Šiaulių bankas regarding debt securities issuance of EUR 45 million in value. Šiaulių bankas launched a non-public distribution of the first bond issue under this programme in the amount of EUR 10 million for a period of two-years. 100,000 of ordinary registered bonds with nominal value of EUR 100 have been distributed.

12 May 2006
The amended Statute of AB Šiaulių bankas with an increased authorized capital was registered in the Register of Legal Entities of the Republic of Lithuania on 114 May 2006. The bank's authorized capital increased from LTL 84.72 million to LTL 94 million.

5 April 2006
Šiaulių bankas was granted the right to distribute the money of the Republic of Lithuania with the numismatic value.

20 March 2006
New customer service branches were opened in Biržai and Ukmergė. Currently the bank's services are provided in 47 territorial outlets in 28 towns.

8 February 2006
The amended Statute of AB Šiaulių bankas with an increased authorized capital was registered in the Register of Legal Entities of the Republic of Lithuania on 8 February 2006. The bank's authorized capital after the increase reached the amount of LTL 84,720,000.