Last update: 27.11.2024 14:11 (GMT+2)
HANSAPANK
ANNOUNCEMENT
LITHUANIAN COMPETION COUNCIL'S APPROVAL
Today, May 24, the Lithuanian Competition Council gave Hansabank its
approval for the purchase of 90.73% of Lithuanian Savings Bank’s (LTB)
shares. This was the last regulatory approval required from Hansabank.
Hansabank will pay LTL 150 million for a 90.73% ownership in LTB.
Additionally, Hansabank is committed to invest LTL 150 million in LTB,
including LTL 120 million for the recapitalisation of the bank.
Mart Tõevere
Head of investor relations
+372 6131 569