The board of the Lithuanian bank BANKAS SNORAS, the largest foreign member of the international group CONVERSBANK, has approved the decision to establish a branch in London. The branch is to begin operations at the end of the year. The new branch will offer clients credit and savings products, as well as money transfer and currency exchange services. It also plans to provide bank card, cheque and safe deposit box rental services to meet client needs. Baltic, Russian and Ukrainian legal entities and individuals residing and working in London may be interested in SNORAS products.
Source: BANKI.RU, July 23, 2007