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Already banking at Lithuania,Post Bank? Not yet

Feb 04, 2010
By Linas Jegelevicius

RETURN TO SENDER: Questions remain on the loss-making Post's future.
KLAIPEDA - Yesterday you went to the post office to mail a letter; tomorrow you may be going there to open a bank account or withdraw money. All this could be available in the establishment commonly known as the Lithuania Post Bank. However, you won't be doing these things just yet. Open bidding to buy Lithuanian Post Bank has to be put off for one reason - no one is interested in investing in the highly indebted company. Lithuanian Post has put on hold the international competitio ...

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