Snoras to boost loans in Lithuania as Scandinavian banks tighten credit

Lithuania's fifth biggest bank by assets Snoras Bankas wants to increase its loan portfolio in 2010 as rival Scandinavian subsidiaries tighten credit. "We are trying to benefit from the situation when the Scandinavian banks are not as active," Snoras Deputy Chairman Naglis Stancikas said in an interview today in Vilnius. ... Read more...