Ūkio bankas

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Ūkio Bankas branch in Laisvės Alėja, Kaunas
Ūkio Bankas branch in Laisvės Alėja, Kaunas

Ūkio bankas is a Lithuanian based bank. Just under one third of the shares are owned by Lithuanian businessman Vladimir Romanov who is therefore the largest single shareholder but does not own the bank outright.[1] It is the fifth largest and oldest private bank in Lithuania.

The bank is growing rapidly, since the beginning of 2005, Ūkio Bankas has opened 12 branches across Lithuania (correct as of 26th September 2006). Ūkio Bankas also has representative offices in Russia, Ukraine and Kazakhstan, and Romanov is planning to open a branch of the bank in Edinburgh, Scotland; the first branch to be located in Western Europe.[2]

Recently during internet conference on the news portal Delfi.lt Vladimir Romanov announced his plans of selling his shares to the strategic investor. GE Money, a branch of General Electric, as one of the possible buyers was mentioned by Romanov [3].

The organisation is the shirt sponsor of Heart of Midlothian F.C. and FBK Kaunas.

[edit] See also

[edit] References

  1. ^ Shareholder listing
  2. ^ http://news.bbc.co.uk/1/hi/scotland/edinburgh_and_east/5381840.stm - BBC News, 26 September 2006
  3. ^ http://www.lhv.lt/news/index.cfm?id=924844 - LHV, 15 October 2006

[edit] External links