At the end of December
Tthe Bank was ready to smoothly join the Single Euro Payments Area (SEPA). Clients were notified of future developments in payment services.
On 22 December
Tthe Bank announced that from the beginning of next year starting to render the services of Šiaulių Banko Lizingas UAB it would complement the range of its directly provided financial services with vehicle and other large-scale asset leasing services to private and business customers.
On 21 December
The Bank completed its merger with the bank Finasta AB and brokerage firm Finasta AB. Following the reorganization, the registration of the companies with the Register of Legal Entities and their licenses were cancelled and all their assets, rights and obligations were taken over by the Bank.
On 17 December
A notice of the Bank of Lithuania was received whereby the Bank was recognised as other systematically important institution accordingly it was subject to additional capital buffer applied to other systematically important institutions, i.e. 0.5 percent of the total risk exposure amount. This capital buffer must be accumulated by 31 December 2016.
On 4 December
The International Banker Magazine published by the Financial Times declared the Bank The Best Bank of Lithuania 2015. It was the second time that the Bank received this prestigious award.
On 1 December and 7 December
The Bank of Lithuania authorized the reorganization of the Finasta AB bank and brokerage firm Finasta AB respectively, by merging them with the Bank.
On 1 December
The Bank launched the campaign A Great Place to Gain a Credit Card, during which clients were offered favourable terms and conditions of MasterCard credit card issuance and use. Since the beginning of December, the Bank has offered the two new types of accounts: a fixed-term savings account and a cumulative deposit account.
The Bank became a partner in The Car of the Year 2016 traditional competition by nominating the most sensible car for an Optimum Choice Award.
On 30 October
The Bank announced the terms and conditions of a new e-invoice service.
On 19 October
The Bank was declared the leader of the guaranteed loans granted to farmers in Lithuania. In collaboration with the Agricultural Credit Guarantee Fund, the Bank granted over 40 percent of the total amount of the given type of credit in the country over three quarters of the year.
On 1 October
The Bank announced that as of that date, the Bank has been using the minimum 9 percent Common Equity Tier 1 ratio and the total capital adequacy ratio of 12.5 percent, covering the capital conservation buffer and an additional capital requirement, in accordance with Regulation (EU) No. 575/2013 and the general provisions of the supervisory review and evaluation process approved by the Board of the Bank of Lithuania.
On 23 September
The Management Board of the Bank adopted a decision to reorganize the bank Finasta AB and brokerage firm Finasta AB by way of merger with the Bank. The terms and conditions of reorganization and the Charter of the Bank following the reorganization were approved.
On 14 September
The amended Charter of the Bank, including the authorized capital increased up to 91,226,381.99 euros, were registered with the Register of Legal Entities. Invalda INVL AB purchased all shares by offsetting which accounted for the Bank's debt of 6,182,581.99 Euros due to the company for the purchase of the Finasta AB bank and brokerage firm Finasta AB.
On 14 September
The Bank joined Information System of Cash-Flow Restrictions (Lithuanian abbr. PLAIS) developed by the State Enterprise Centre of Registers.
From 7 to 14 December
The Bank arranged free seminars The Single Euro Payments Area (SEPA) and its Requirements for business clients in Vilnius, Kaunas, Klaipėda and Šiauliai.
As of 1 September
The Bank and the Lithuanian branch of the ERGO Insurance SE insurance company have offered the MasterCard Gold and Visa Gold holders better terms of insurance and a few new types of coverage under travel and money insurance contracts concluded between the Bank and ERGO Insurance SE Lithuanian branch.
At the end of August
Having updated the mobile banking application, the Bank was one of the first banks in Lithuania to give its clients the opportunity to pay installments and taxes by cell phone.
On 17 August
It was declared that the Bank had signed an agreement for the allocation of additional 68 million euros from Jessica II Fund to the renovation of 350 apartment houses. In addition, the Bank agreed to allocate 30 million euros of its own funds to the renovation of another 125 apartment houses.
On 10 August
The Bank introduced the following two new payment cards: the Debit MasterCard and the Debit MasterCard Business, and offered its clients the opportunity to change the PIN code at the network ATMs.
On 17 July
Following permissions obtained from the Competition Board and the Bank of Lithuania, the Bank completed the transaction on the purchase of 100 percent shares of the bank Finasta AB and brokerage firm Finasta AB.
On 22 June
The Extraordinary General Meeting of the Shareholders of the Bank adopted a resolution to increase the authorized capital of the Bank by 6,771,500 euros with additional contributions by issuing 23,350,000 ordinary registered shares with a nominal value of EUR 0.29.
On 17 June
Moody's Investors Service, the international credit rating agency, announced that the Bank's long-term credit rating was upgraded from B1 to Ba2.
On 4 June
The Bank's activities and results were presented in the traditional summit meeting of the leadership of the companies listed on the NASDAQ Stock Exchange and the investors.
On 26 May
The amended Charter of the Bank, including the authorized capital increased up to 85,033,800 euros, were registered with the Register of Legal Entities.
On 11 May
The Bank signed an agreement for purchase of 100 percent shares of the bank Finasta AB from Invalda INVL AB and minority shareholders, and 100 percent shares of brokerage firm Finasta AB from Invalda INVL AB.
On 8 May
Ūkio Banko Lizingas UAB, owned by the Bank, declared to have been renamed to SB lizingas UAB and assured it would continue to provide consumer leasing and hire purchase services.
Clients using Omnitel communication services have been able to get a mobile signature in the Bank units free of charge. Earlier, e-signatures were available in the Bank units only to Tele2 clients.
On 30 April
Žalgirio Sporto Arena UAB, Investicinio Turto Valdymas UAB, and Trade Project UAB, the subsidiary companies of the Bank, entered into contracts for the sale of real estate properties within the territory of Olimpiečių, Rinktinės and Šeimyniškių Streets in Vilnius.
On 2 April
The Bank announced startups enablement with online savings account and formation of the authorized capital.
On 31 March
The Bank launched a new brand strategy and the Bank's updated logo.
On 27 March
The meeting of the Bank's shareholders adopted a resolution to increase the authorized capital of the Bank by 6,733,800 euros (up to 85 million euros) out of the Bank's funds by issuing 23,220,000 ordinary registered shares with a nominal value of EUR 0.29, and to gratuitously distribute them to the shareholders in proportion to the total nominal value of shares held by the shareholders at the end of the accounting day of the meeting.
On 18 March
The Bank arranged celebration of the Client's Day in the Bank units.
On 7 March
The Bank and Invalda LT signed a letter of intent for the potential acquisition of the bank Finasta AB owned by Invalda LT.
Since 17 February
The Bank has introduced a new service: clients can deposit their cash into their payment card accounts free of charge at cash ATMs installed in Akropolis Shopping Centres in Vilnius, Kaunas, Klaipėda and Šiauliai.
the Dive Lietuva Company (Slapto pirkėjo tyrimai UAB) announced the findings of the survey, whereby the Bank client service quality index increased by one fifth in 2014 as compared with 2013.
Since 23 January
The Bank has chosen MasterCard as a strategic partner in providing payment card services, and signed a cooperation agreement.