Snoras moves to fill lending gap
Mar 17, 2010
From wire reports
VILNIUS - Snoras Bank, Lithuania’s fifth biggest bank by assets, wants to boost its loan portfolio this year as rival Scandinavian subsidiaries continue to tighten credit, reports Bloomberg. “We are trying to benefit from the situation when the Scandinavian banks are not as active,” Snoras Deputy Chairman Naglis Stancikas said from Vilnius. “We see this year as a year of opportunities and we want to increase our loan portfolios.”
The Lithuanian banking indus ...
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