Lithuanian bank Šiaulių Bankas celebrates 30 years with a 9,700% investor return, aiming for major growth by 2029.
Lithuanian bank Šiaulių Bankas is marking 30 years since its initial public offering on November 29, 1994. As the country’s largest and oldest bank, it has shown significant growth, with investors seeing a 9,700% return. The bank aims to become the best in Lithuania by 2029, planning to renew its core platform, brand, and double its client base to one million. Recently, it reported a net profit of €63.6 million in the first three quarters of 2024.
November 29, 2024
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