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Po 1871 m., kai susikūrė Vokietijos imperija, markė ... - Šiaulių bankas

Po 1871 m., kai susikūrė Vokietijos imperija, markė ... - Šiaulių bankas

Po 1871 m., kai susikūrė Vokietijos imperija, markė ... - Šiaulių bankas

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23<br />

The year of 2007 was sundry and<br />

colorful. The fi nancial stability and<br />

strength of <strong>Šiaulių</strong> <strong>bankas</strong> AB were<br />

favourably assessed by the independent<br />

experts - in February 2007 the<br />

international rating agency “Moody’s”<br />

provided the following higher ratings<br />

to <strong>Šiaulių</strong> <strong>bankas</strong>: a long-term deposit<br />

rating up to Ba2 and fi nancial strength<br />

rating up to D. While a short-term<br />

deposit rating was NP and a long-term<br />

rating outlook remained stable.<br />

A couple of years ago <strong>Šiaulių</strong> <strong>bankas</strong><br />

won recognition in the international<br />

loan market when the European Bank<br />

for Reconstruction and Development<br />

(EBRD) became its major shareholder.<br />

During the several recent years the bank<br />

has been successfully affi liating with<br />

the foreign partners in the international<br />

fi nancial markets.<br />

In March 2007 the bank signed an<br />

agreement with the Council of Europe<br />

Development Bank (CEB) regarding<br />

granting the credit line of EUR 10 million<br />

to fi nance small and medium-sized<br />

Finansavimo šaltinių struktūra<br />

The structure of the fi nancial sources<br />

48 % Gyventojai<br />

Residents<br />

business. This was already the third<br />

loan agreement entered between<br />

the Council of Europe Development<br />

Bank and <strong>Šiaulių</strong> <strong>bankas</strong>. In summer<br />

of 2007 the bank signed the fi rst<br />

syndicated loan of EUR 30 million,<br />

which was the biggest credit line<br />

granted to <strong>Šiaulių</strong> <strong>bankas</strong> from the<br />

international fi nancial organizations.<br />

The loan assigned for corporate<br />

banking purposes was arranged to<br />

<strong>Šiaulių</strong> <strong>bankas</strong> by the Austrian bank<br />

Raiff eisen Zentralbank Osterreich AG<br />

and German bank HSH Nordbank<br />

AG. Together with these two banks<br />

the loan funds were granted by<br />

the banks from Germany, Austria,<br />

Switzerland, <strong>Po</strong>rtugal, Norway, France<br />

and <strong>Po</strong>land – all in all by thirteen<br />

European banks. In 2007 <strong>Šiaulių</strong><br />

<strong>bankas</strong> started exploiting a ten-year<br />

credit line of EUR 10 million granted<br />

by the German credit and fi nance<br />

institution “KfW Bankengruppe”. The<br />

funds were used to provide funding<br />

to regional projects developing the<br />

collaboration with town and regional<br />

municipalities.<br />

25 % Verslo klientai<br />

Corporate clients<br />

27 % Ban<strong>kai</strong> ir<br />

kitos fi nansinės<br />

institucijos<br />

Banks and other<br />

fi nancial institutions<br />

Vita Adomaitytė – Chief Financial Offi cer, Head of the Accounting<br />

and Reporting Division<br />

� e forerunners of banknotes – state treasury notes<br />

– were issued in 1024 in China, under the Sung<br />

Dynasty. � ey consisted of printed paper resilient<br />

to folds and tears made from the bark of mulberry<br />

trees, and using copper striking stamps.

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