2022.11.23 11:41
Šiaulių Bankas and Invalda INVL agree on deal to merge their retail businesses
Elta EN
PHOTO:
Šiaulių Bankas, the largest bank with Lithuanian capital, and Invalda INVL, the leading investment management and life insurance group in the Baltic region, on 22 November 2022 signed an agreement to merge their retail businesses in order to create a modern and customer-focused next-generation financial market participant that will subsequently increase competitiveness in a market that is dominated by institutions with foreign capital and will create value for the wider Lithuanian economy, the companies said in a joint press release.