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

Commission approves Italian risk-capital measure to boost real economy

The European Commission has approved, under EC Treaty state aid rules, an Italian framework temporarily adapting certain existing risk-capital schemes to increase companies' financing possibilities during the current economic crisis. more »

Commission authorises Maltese temporary aid scheme to grant compatible aid of up to €500 000

The European Commission has authorised, under EC Treaty state aid rules, a Maltese measure to help businesses to deal with the current economic crisis. more »

Business Update: Oil prices up

We're making progress. That's the word from Treasury Secretary Tim Geithner about settling the financial markets. more »

2.6 million financial kiosks, ATMs to be deployed by 2013

According to a new report released by NextGen Research, global markets for financial kiosks and enhanced ATMs will grow at a compound annual rate of 9 percent, to include more than 186,000 financial kiosks and nearly 2.5 million ATMs by 2013. more »

Latvians buy pigs to beat crisis

Non-farming Latvians are buying pigs to beat the economic crisis. more »

MEPs to debate the 2007 budget discharge

Is your money well spent at EU level? Every year, in April, the EP concludes its examination of EU spending for the financial year closed 16 months previously. more »

Construction output down by 1.0% in the euro area

In the construction sector, seasonally adjusted production1 decreased by 1.0% in the euro area2 (EA16) and by 2.1% in the EU272 in March 2009. more »

EU27 deficit in trade in goods with Russia of 70 bn euro in 2008

Between 2000 and 2008, EU27 trade in goods with Russia more than tripled in value, with EU27 exports to Russia rising to 105 bn euro in 2008 from 23 bn in 2000. more »

The Commission calls for proposals for €4 billion worth of energy investments

The European Commission has launched today a call for proposals covering key energy infrastructure projects such as energy interconnections, offshore wind energy and carbon capture and storage as part of the implementation of the EEPR. more »

EESC calls for urgent action in response to the crisis in the European automotive industry

During its plenary session on 13 May 2009, the European Economic and Social Committee adopted a key opinion on responding to the crisis in the European automotive industry. more »