DnB NORD Bankas Includes EUR 26 mln Loan into Tier II Capital
OREANDA-NEWS. On August 28, 2008 the Board of the Bank of Lithuania granted the permission to AB DnB NORD Bankas (company code 112029270, VAT payer code LT120292716, registered office at J. Basanaviciaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities,) (hereinafter - the “Bank”) to include the EUR 26 million (LTL 89 772 800) subordinated loan maturing in seven years granted by Bank DnB NORD A/S, the majority shareholder of the Bank, into the Bank's Tier II capital, reported the press-centre of DnB NORD Bankas.
The increased capital base facilitates further growth of the Bank ensuring the compliance with the prudential requirements.
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