The award to Bank SNORAS from NASDAQ OMX Baltic Stock Exchange

Published: 18 December 2009 y., Friday

Snoras logo
AB Bank SNORAS was granted the award from NASDAQ OMX Baltic Stock Exchange for the jubilee 15-year listing of the bank’s shares on NASDAQ OMX Vilnius Stock Exchange.

“The shares of Bank SNORAS are listed in Vilnius Stock Exchange practically since the very beginning of the activity of the stock exchange. However, we do not stay inactive, and, after all, our goal is not just to be listed or symbolically participate in the stock exchange; therefore, we can rejoice that this year the ordinary shares of Bank SNORAS were included in the top ten shares of the most liquid companies of NASDAQ OMX, and the turnover of our shares increased more than twice. The bank’s results in 2009 and the successful actions while expanding the activity of both the bank and the bank’s group increased the value of the shares, which during this year alone grew by more than 134 per cent,” said Vladimir Streckij, the director of Bank SNORAS Brokerage Department.

The turnover of Bank SNORAS shares within 11 months this year in NASDAQ OMX Vilnius Stock Exchange comprised LTL 194.6 million or almost 2.2 times more than during the same period last year. After assessing the turnover of the shares, Bank SNORAS rose to the third place among 40 companies whose shares are listed in the stock exchange. The bank’s capitalization in 2009 grew by LTL 199 million.

NASDAQ OMX Baltic Stock Exchange has given awards to the best issuers of the Baltic securities and to the market participants for four years in a row. The awards to companies and their representatives are granted in Vilnius, Tallinn and Riga every year. At the moment NASDAQ OMX stock exchanges of the Baltic States have 42 members.

Bank SNORAS ordinary shares have been traded in the stock exchange since 24th January 1994 already.

Šaltinis: www.snoras.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Gas Coordination Group sees overall good level of preparedness of EU Member States and Energy Community countries in case of gas crisis

The Gas Coordination Group, chaired by the Commission, met this afternoon to analyze in detail all elements of the preparedness of the EU and the Energy Community for a potential supply disruption in the Winter 2009/2010. more »

Joint statement by Commission and IMF after European Banking Coordination Initiative Meeting for Romania

In a meeting of the European Bank Coordination Initiative Group, held in Brussels, the parent banks of the nine largest banks operating in Romania reaffirmed their commitment to maintain their exposure to the country and ensure adequate capital levels over 10 percent for their affiliates. more »

Lithuania and Vilnius Turning to a More Inviting Destination

Airline airBaltic has informed of its plans to resume some flights from Vilnius International Airport before the end of this year. more »

Commission approves restructuring plan of Lloyds Banking Group

The European Commission has approved under EC Treaty state aid rules the restructuring plan of Lloyds Banking Group. more »

"Finance and climate change" - a challenge for the future

"Finance and climate change" was under discussion at a 10 November hearing in parliament's Industry, Research and Energy Committee. more »

IMF Announces Sale of 2 Metric Tons of Gold to the Bank of Mauritius

The International Monetary Fund announced today the sale of 2 metric tons of gold to the Bank of Mauritius, the nation’s central bank. more »

The new ten winners of Danske Bankas scholarships for the 2009–2010 academic year determined

After lots were drawn, ten winners of Danske Bankas scholarships and one winner of an iPod shuffle player were established. more »

Bank SNORAS begins distributing “Finasta Asset Management” II level pension funds

From 16 November 2009, AB Bank SNORAS network starts providing new products – one can sign agreements of “Finasta Asset Management” II level pension accumulation funds in all subdivisions of the bank. more »

Baltic Rim Outlook: uneven recovery

The expected turnaround in the Baltic Rim economies is likely to gradually improve the business opportunities for Nordic companies operating in the region. more »