Atnaujinta: 2024.07.22 09:09 (GMT+3)
Hansapank NEWS RELEASE 10/09/2003
PURCHASE OF A LIFE INSURANCE COMPANY
Hansabank’s Lithuanian subsidiary AB Bankas Hansabankas has today
signed a purchase agreement for acquiring 100% of the life insurance
subsidiary of UAB Lietuvos Draudimas - UAB Lietuvos Draudimo Gyvybes
Draudimas (LDGD). Hansabankas is paying LTL 63.5 million (EUR 18.4m)
for the company.
LDGD holds 42% of the Lithuanian life insurance market. Collected
premiums in the first half of 2003 amounted to LTL 42.2 million (EUR
12.2m).
Mart Tõevere
Head of investor relations
+372 6131 569