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Snoras Kiosk
Bankas Snoras AB or simply SNORAS (, ) was a commercial bank, founded in Lithuania operating in all three Baltic states. It was a member of the financial group Konversbank and was listed on the NASDAQ OMX Vilnius stock exchange. On November 16, 2011, 100% of the bank shares were nationalized by the Lithuanian government and the bank was placed into temporary administration. On November 24, the bank was declared bankrupt. It had 4 billion litas in debt. History Bankas Snoras AB was founded 1992 as a regional bank of Šiauliai and renamed to its current name in 1993. It was recognised as the best bank in Lithuania in 2006 by financial publisher ''The Banker''. However, an inspection at the bank in November 2011, revealed poor asset quality, weak risk management and lack of proper operating data. The check also revealed that the bank has ignored the central bank's recommendation to reduce operating risks. Shareholders Snoras was listed on the NASDAQ OMX Vilnius stock exchange. M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Snoras Logo
Bankas Snoras AB or simply SNORAS (, ) was a commercial bank, founded in Lithuania operating in all three Baltic states. It was a member of the financial group Konversbank and was listed on the NASDAQ OMX Vilnius stock exchange. On November 16, 2011, 100% of the bank shares were nationalized by the Lithuanian government and the bank was placed into temporary administration. On November 24, the bank was declared bankrupt. It had 4 billion litas in debt. History Bankas Snoras AB was founded 1992 as a regional bank of Šiauliai and renamed to its current name in 1993. It was recognised as the best bank in Lithuania in 2006 by financial publisher ''The Banker''. However, an inspection at the bank in November 2011, revealed poor asset quality, weak risk management and lack of proper operating data. The check also revealed that the bank has ignored the central bank's recommendation to reduce operating risks. Shareholders Snoras was listed on the NASDAQ OMX Vilnius stock exchange. Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 2011
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On Nasdaq Vilnius
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Vilnius
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Lithuania
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renault F1
The French automotive manufacturer Renault has been associated with Formula One as both team owner and engine manufacturer for various periods since 1977. In 1977, the company entered Formula One as a constructor, introducing the turbo engine to Formula One with its EF1 engine. In 1983, Renault began supplying engines to other teams. Although the Renault team had won races, it withdrew at the end of . Renault engines continued to be raced until 1986. Renault returned to Formula One in 1989 as an engine manufacturer. It won five drivers' titles and six constructors' titles between 1992 and 1997 with Williams and Benetton, before ending its works involvement after 1997, though their engines continued to be used without works backing until 2000. In 2000, Renault acquired the Enstone-based Benetton Formula team (formerly Toleman). Renault became a works engine manufacturer again in 2001, and in 2002 the Enstone-based team was re-branded as Renault. The team won the drivers' and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spyker Cars
Spyker Cars (, ) is a Dutch sports car marque. The modern Spyker Cars held the legal rights to the brand name. The company's motto is "''Nulla tenaci invia est via''", Latin for "For the tenacious, no road is impassable". The marque's logo displays an aircraft propeller superimposed over a spoked wheel, a reference to the historic Spyker company that manufactured automobiles and aircraft. In an attempt to save Spyker from bankruptcy, Swedish Automobile in September 2011, announced the immediate sale of Spyker to American private equity and hedge fund North Street Capital for €32 million (US$41 million). On December 18, 2014, Spyker confirmed that it had gone bankrupt, hoping to restructure its finances and getting back on its feet. The bankruptcy declaration was reverted early 2015 and the company announced to continue with the production of sports cars. In 2021 it went bankrupt again. In January 2022 Spyker announced a return to building cars after being backed by Russian in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris - Mondial De L'automobile 2010 - Renault R30 - 002
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economist Intelligenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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