OMX Baltic stock exchanges welcome DnB NORD Bankas AB as a pan-Baltic member

12.06.2007 VLN

“Membership of the Baltic stock exchanges is another step consolidating our position in the Baltic region and expanding opportunities to our clients,” noted Andrius Načajus, Head of DnB NORD Investment Banking.

DnB NORD Bankas AB is a universal commercial bank, which offers a full range of traditional banking services to individuals and corporate customers. Ranked third in the domestic banking market in terms of assets, the bank is one of the country’s largest lenders to municipalities and manufacturing industry and one of the most active participants of Lithuania’s debt securities market.

DnB NORD Bankas AB also provides investment banking, private banking, asset management, leasing services and is a mediator of real estate brokerage and insurance services. DnB NORD Bankas AB provides financial services to over 500 000 individuals and corporate customers.

The DnB NORD Bankas Group includes DnB NORD Bankas AB with 77 banking outlets countrywide and three fully owned subsidiaries – the leasing company DnB NORD Lizingas UAB, the investment management company DnB NORD Investicijų Valdymas UAB and the real estate broker DnB NORD Būstas UAB.

DnB NORD Bankas AB is a member of the international DnB NORD banking group established by the largest Norway’s financial group DnB NOR (51 percent) and the largest North Germany’s bank NORD/LB (49 percent) to join the operations of both founders by offering a comprehensive range of modern and top quality financial services in Denmark, Finland, Estonia, Latvia, Lithuania and Poland.

DnB NORD Bankas AB will trade on the OMX Baltic stock exchanges under the trading code NDL.

The OMX Baltic stock exchanges have 41 members altogether.

 

For more information, please contact:

Tex Vertmann, Communications Manager
Tallinn Stock Exchange +372 640 8862

Āris Dreimanis, Head of Corporate Communications
Riga Stock Exchange +371 7212431

Gintare Blazyte, Communication Manager
Vilnius Stock Exchange +370 5 272 34 58