Bank of Lithuania orders beginning of negotiations on possible transfer of the assets and liabilities of Ukio to Siauliu

The Bank of Lithuania, aiming to protect the interests of depositors, other customers and the public, and taking into account the necessity to as soon as possible find a solution on the issue of the prospects of the Lithuania-based bank Ukio Bankas, told the bank's temporary administrator to begin preliminary negotiations regarding the transfer of the bank's assets and liabilities, the bank told in a statement, informs LETA.... Read more...