Siauliu Bankas - Notification on material event

Regarding countercyclical capital buffer

 

Šiaulių Bankas AB, company code 112025254, address of the head office Tilžės str. 149, Šiauliai, Lithuania.

The Bank of Lithuania has informed Šiaulių Bankas AB that from 31 December 2018 onwards the countercyclical capital buffer rate of 0.5 per cent shall apply in the Republic of Lithuania.The current capital buffer of Šiaulių Bankas is sufficient, therefore no additional measures will be required to ensure the fulfilment of the new requirement.

Chief Executive Officer    Vytautas Sinius

         Deputy Chief Executive Officer Donatas Savickas shall provide additional information on the stock event and is available on tel. +37041 595602.