Lithuania's Šiaulių Bankas' recent announcement about possible strategic changes shows that the bank's board is serious about changes, market participants believe. Šiaulių Bankas had announced its plans to look for a strategic activity direction, including the bank's possible sale or merger. A review of alternatives for the bank will be produced by Wood & Co and Superia Corporate Finance. Some analysts said earlier Polish banks might be interested in acquiring Šiaulių Bankas. EBRD invested into Šiaulių Bankas in 2005 when it bought a 16.1 per ...
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