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Nordea Bank Lietuva
Nordea Bank Lietuva was a Lithuanian branch of Nordea, the largest Nordic financial group. The Nordea Group entered the Lithuanian market in 2000. In 2004, it acquired the Polish bank Kredyt Bank S.A. Vilnius branch. The Nordea branch in Lithuania operated as Nordea Bank Lietuva. The main office was located in Vilnius and other offices in Kaunas, Klaipėda, Panevėžys and Šiauliai. Altogether, Nordea Bank Lietuva employed 340 people. On the basis of the Baltic operations of Nordea and DNB, Luminor Bank Luminor Bank AS is a bank headquartered in Tallinn, Estonia, with branches in Latvia and Lithuania. It is the third-largest bank in the Baltics and in Estonia. Luminor has a deposit market share of 16% and lending market share of 22%. Lumin ... was created in August 2017. The merger was completed by 1 January 2019. References Banks of Lithuania Banks established in 2000 Companies based in Vilnius Lithuanian companies established in 2000 {{Lithuania-comp ...
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Šiauliai
Šiauliai (; bat-smg, Šiaulē; german: Schaulen, ) is the fourth largest city in Lithuania, with a population of 107,086. From 1994 to 2010 it was the capital of Šiauliai County. Names Šiauliai is referred to by various names in different languages: Samogitian ''Šiaulē'', Latvian ''Saule'' (historic) and ''Šauļi'' (modern), German (outdated) ''Schaulen'', Polish ''Szawle'', Russian Шавли (Shavli – historic) and Шяуля́й (Shyaulyai – modern), Yiddish שאַװל (Shavel). History The city was first mentioned in written sources as ''Soule'' in Livonian Order chronicles describing the Battle of Saule. Thus the city's founding date is now considered to be 22 September 1236, the same date when the battle took place, not far from Šiauliai. At first, it developed as a defence post against the raids by the Teutonic and Livonian Orders. After the Battle of Grunwald in 1410, the raids stopped and Šiauliai started to develop as an agricultural settlement. ...
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Banks Established In 2000
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Of Lithuania
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Baltic News Service
The Baltic News Service (BNS) is the largest news agency operating in the Baltic states. Founded in April, 1990, by a group of students (the founding CEO was Allan Martinson), it sought to inform foreign correspondents in Moscow of developments in the Baltic states' struggles for independence from the Soviet Union. Within a few months, it had been recognized by numerous Western media sources. Today, BNS is a holding company for separate organizations in Estonia, Latvia, and Lithuania. BNS disseminates news in Russian and English (as well as the domestic languages of Estonian, Latvian, and Lithuanian) via the internet and by other means. Subscribers include media, financial, industrial, and government institutions in the Baltic states. BNS also collaborates with Agence France-Presse, Reuters, and Interfax. In 2003, the BNS publishing company in Estonia, BNS Kirjastus, bought the bankrupt news agency ETA ( Eesti Teadeteagentuur). BNS was wholly owned by the Finnish media grou ...
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Eesti Rahvusringhääling
Eesti Rahvusringhääling (ERR) – ''Estonian Public Broadcasting'' – is a publicly funded and owned radio and television organisation created in Estonia on 1 June 2007 to take over the functions of the formerly separate Eesti Raadio (ER) (''Estonian Radio'') and Eesti Televisioon (ETV) (''Estonian Television''), under the terms of the Estonian National Broadcasting Act. The first chair of ERR is Margus Allikmaa, the former chair of Eesti Raadio. Present CEO is Erik Roose. The organisation has proved popular since its creation, with ETV becoming the national television channel, creating and producing their own shows. Eesti Rahvusringhääling (ERR) can be streamed live from all around the world from online browsers as well as an app. Services Television ERR's three national television channels are: *ETV – a general interest television channel *ETV2 – programming for children, sports, cultural programming, i.e. quality films and drama series *ETV+ – ...
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Luminor Bank
Luminor Bank AS is a bank headquartered in Tallinn, Estonia, with branches in Latvia and Lithuania. It is the third-largest bank in the Baltics and in Estonia. Luminor has a deposit market share of 16% and lending market share of 22%. Luminor was founded in August 2017 on the basis of the Baltic operations of Nordea and DNB. Luminor took over 930,000 of DNB's former customers and 350,000 of Nordea former customers. The merger was completed on 1 January 2019. Originally, Nordea owned 56.5% and DNB owned 43.5% of Luminor. In September 2018, it was announced that 60% of Luminor's shares will be sold to the Blackstone Group led consortium. The transaction was approved by the European Commission in January 2019. The transaction was completed in September 2019. After the transaction, Nordea and DNB Drum and bass (also written as drum & bass or drum'n'bass and commonly abbreviated as D&B, DnB, or D'n'B) is a genre of electronic dance music characterized by fast breakbeats ...
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DNB ASA
DNB ASA (formerly DnB NOR ASA) is Norway's largest financial services group with total combined assets of more than NOK 1.9 trillion and a market capitalisation NOK 164 billion as of 20 May 2016. DNB's head office is located in Oslo. The two largest owners of DNB are the Norwegian Ministry of Trade and Industry (34.0%) and Sparebankstiftelsen DnB NOR (10.0%). The latter was created as a foundation with the sole purpose of owning part of the company. It was created when Gjensidige NOR was made a public limited company to ensure that the companies' customers retained partial ownership of the company. The foundation also can give up to 25% of its received dividend as gifts to charity. Operations The DNB Bank Group is the largest entity in the DNB Group and Norway's largest bank, offering services to the corporate, retail and securities markets and the public sector. Domestically, the group has an investment bank DNB Markets, the finance company Cresco, the real estate agency DNB ...
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Panevėžys
Panevėžys (; Latin: ''Panevezen''; pl, Poniewież; yi, פּאָנעװעזש, ''Ponevezh''; see also other names) is the fifth largest city in Lithuania. As of 2011, it occupied with 113,653 inhabitants. As defined by Eurostat, the population of Panevėžys functional urban area, that stretches beyond the city limits, is estimated at 127,471 (as of 2017) The largest multifunctional arena in Panevėžys, Cido Arena, hosted the Eurobasket 2011 group matches. The city is still widely known, if indirectly, in the Jewish world, for the eponymous Ponevezh Yeshiva. Coat of arms Historical facts allow to state that the first seal of the city of Panevėžys appeared when the city self-government was established. It is clear that until the end of the 18th century, Panevėžys did not have the right of self-government, therefore it could not had its coat of arms. All the preconditions for the establishment of self-government arose during the period of the Four-year Seimas (1788–1 ...
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Nordea Bank Lietuva
Nordea Bank Lietuva was a Lithuanian branch of Nordea, the largest Nordic financial group. The Nordea Group entered the Lithuanian market in 2000. In 2004, it acquired the Polish bank Kredyt Bank S.A. Vilnius branch. The Nordea branch in Lithuania operated as Nordea Bank Lietuva. The main office was located in Vilnius and other offices in Kaunas, Klaipėda, Panevėžys and Šiauliai. Altogether, Nordea Bank Lietuva employed 340 people. On the basis of the Baltic operations of Nordea and DNB, Luminor Bank Luminor Bank AS is a bank headquartered in Tallinn, Estonia, with branches in Latvia and Lithuania. It is the third-largest bank in the Baltics and in Estonia. Luminor has a deposit market share of 16% and lending market share of 22%. Lumin ... was created in August 2017. The merger was completed by 1 January 2019. References Banks of Lithuania Banks established in 2000 Companies based in Vilnius Lithuanian companies established in 2000 {{Lithuania-comp ...
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Klaipėda
Klaipėda (; ; german: Memel; pl, Kłajpeda; russian: Клайпеда; sgs, Klaipieda) is a city in Lithuania on the Baltic Sea coast. The capital of the eponymous county, it is the third largest city and the only major seaport in Lithuania. The city has a complex recorded history, partially due to the combined regional importance of the usually ice-free Port of Klaipėda at the mouth of the river . Located in the region of Lithuania Minor, at various times, it was a part of the Polish–Lithuanian Commonwealth, Prussia and Germany until the 1919 Treaty of Versailles. As a result of the 1923 Klaipėda Revolt it was annexed by Lithuania and has remained with Lithuania to this day, except between 1939 and 1945 when it was occupied by Germany following the 1939 German ultimatum to Lithuania. The population has migrated from the city to its suburbs and hinterland. The number of inhabitants of Klaipėda city shrank from 202,929 in 1989 to 162,360 in 2011, but the urban zone ...
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Kaunas
Kaunas (; ; also see other names) is the second-largest city in Lithuania after Vilnius and an important centre of Lithuanian economic, academic, and cultural life. Kaunas was the largest city and the centre of a county in the Duchy of Trakai of the Grand Duchy of Lithuania and Trakai Palatinate since 1413. In the Russian Empire, it was the capital of the Kaunas Governorate from 1843 to 1915. During the interwar period, it served as the temporary capital of Lithuania, when Vilnius was seized and controlled by Poland between 1920 and 1939. During that period Kaunas was celebrated for its rich cultural and academic life, fashion, construction of countless Art Deco and Lithuanian National Romanticism architectural-style buildings as well as popular furniture, the interior design of the time, and a widespread café culture. The city interwar architecture is regarded as among the finest examples of European Art Deco and has received the European Heritage Label. It contributed to ...
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