Siauliu Bankas - Notification on material event

Regarding capital adequacy ratio

Šiauliai, Lithuania, 2016-12-27 15:01 CET (GLOBE NEWSWIRE) -- 

Šiaulių Bankas AB, company code 112025254, domicile address Tilžės st. 149,
Šiauliai. 

Following the Regulation (EU) No 575/2013 and general  provisions of the
Supervisory Review and Evaluation Process approved by the Board of the  Bank of
Lithuania indicating that an additional capital requirement can be set to each
bank individually, the additional capital requirement of 1.9  per cent from the
total risk weighted exposure amount has been established to Šiaulių Bankas AB
from 31 December 2016 (i.e. the additional capital requirement has been reduced
by 0.1 percentage points compared to the size effective from 1 October 2015).
Taking into account all the requirements applicable to the bank, from 31
December 2016 Šiaulių Bankas AB will be subject to minimum own funds
requirements - a minimum common equity Tier I capital adequacy ratio of 9.4 per
cent and a total capital adequacy ratio of 12.9 per cent. 

Chief Executive Officer   Vytautas Sinius




         Head of Finance and Risk Management Division Donatas Savickas shall
provide additional information on the stock event and is available on tel. +370
41 595 602