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

AB Bank SNORAS increases the capital amounting to LTL 72.5 million

On 31 August 2009 in a non-public way AB Bank SNORAS issued the emission of perpetual debt securities included into the bank capital amounting to LTL 72.5 million. more »

EU invests €6.8m for academic cooperation with industrialised countries in North America

The European Commission, through its longstanding cooperation with the US and Canada, announces the launch of 33 new and innovative projects involving universities and training institutions on both sides of the Atlantic. more »

The European Commission and the cosmetic industry match research funds to develop alternative solutions to animal testing

Today at the VII World Congress on Alternatives and Animal Use in the Life Sciences in Rome, the European Commission and the European cosmetic industry presented their joint financial effort for research into alternative safety testing methods. more »

SEB Bank invests LTL 4.6 million in to faster data transmission technologies

SEB Bank, the largest bank in Lithuania, invests almost LTL 4.6 million in to the upgrade of its data transmission network. more »

World Bank Supports Further Improvement of Rural Road Network in Armenia (39280)

The World Bank’s Board of Executive Directors today approved a credit of US$ 36.6 million equivalent of additional financing for the Lifeline Road Improvement Project for Armenia. more »

IMF Completes First Review Under Stand-By Arrangement with Latvia and Approves €195.2 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) today completed the first review of Latvia's performance under an economic program supported by a 27-month Stand-By Arrangement. more »

Commission approves the restructuring of Austrian Airlines

The Commission has today decided to close the formal investigation procedure into the privatisation and restructuring of Austrian Airlines concluding that the restructuring following its sale to Lufthansa is compatible with community law. more »

Wall Street applauds Bernanke

Ben Bernanke's reappointment as head of the Federal Reserve did not come as a surprise, but Wall Street still responded with the proverbial thumbs up. more »

Statistics on hotels in Lithania

Over I half-year 2009 accommodation establishments had by 22 per cent less guests. more »

Carbon fund set up by EBRD and EIB in 1st Russian venture

In the first such transaction in Russia, carbon credits generated by utilising gas which would otherwise be flared at an oilfield in eastern Siberia are to be purchased through a carbon fund set up by the EBRD and the European Investment Bank (EIB), the Multilateral Carbon Credit Fund (MCCF). more »