Šiaulių Bankas has established a new group company UAB “SB Asset Management”

New Šiaulių Bankas group company was established – UAB “SB Asset Management”, legal entity code: 306241274, registered office address Gynėjų str. 14, Vilnius, whose sole founder, who owns 100 percent of the shares, is Šiaulių bankas AB.

UAB "SB Asset Management" was established to properly prepare for the implementation of the agreement signed on 22 November 2022 regarding the merger of AB “Invalda INVL” retail asset management and life insurance businesses with AB Šiauliu bankas (see. Notice), and which after the transaction closing date would take over the management business of pension funds and investment funds for its further development.

Additional information:
Tomas Varenbergas, Head of Treasury & Markets
tel. +370 5 203 22 00, [email protected]

You May Also Be Interested In

• IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
• Pulse Seismic Inc. Announces Voting Results at Shareholders’ Annual Meeting
• GXO Announces Pricing of $1.1 Billion Notes Offering