Siauliu Bankas - Notification on material event

Šiaulių Bankas AB has been recognized as a systematically important institution

Šiauliai, Lithuanis, 2015-12-17 15:30 CET (GLOBE NEWSWIRE) -- 

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

On 17 December 2015 Šiaulių Bankas has received a resolution from the Bank of
Lithuania indicating that it has been resolved to recognize Šiaulių Bankas AB
as a systematically important institution alongside with such other banks as
the AB DNB bank,  AB SEB bankas and “Swedbank” , AB. An extra other
systemically important institution buffer (O-SII) of 0.5 per cent from the
total risk weighted exposure amount shall apply to Šiaulių Bankas AB. Such
extra buffer must be accumulated before 31 December 2016. 

Chief Executive Officer   Vytautas Sinius


         Head of Finance and Risk Management Division Donatas Savickas shall
provide additional information by tel. +370 41 595 602.