Banks, Financial Services, Investments, Lithuania

Investors expressed great interest in these businesses – many optional preliminary proposals have been received. Over ten investors expressed their interest in subsidiary company Finasta, writes LETA/ELTA.

Some other investors were interested in some parts of the retail network, including Snoro Lizingas and the Snoras bank infrastructure. "This is the initial stage, therefore, a great number of matters has yet to be discussed. We believe that the selling procedure is being conducted in order to meet the creditors' interests. Soon, we are going to invite the parties concerned to continue participating in a further stage of the process," the Snoras bankruptcy administrator Neil Cooper said.