2017-03-28 for an additional payment to the creditor second in the line

For your information, the Kaunas Regional Court by its ruling of 07thMarch 2017 passed in civil case No. B2-115-254/2017 permitted BAB Ūkio Bankas to partly settle accounts with the creditor second in line for satisfaction – state enterprise Indėlių ir Investicijų Draudimas. After the coming into force of the ruling, BAB Ūkio Bankas has paid pay EUR 500,000.00 (five hundred thousand) to the creditor second in line.

Information on the procedure of settlement of accounts with the creditors is placed on the website www.ub.lt.

Encloseda copy of the ruling of the Kaunas Regional Court of 07th March 2017 passed in civil case No. B2-115-254/2017 regarding the procedure of settlement of accounts with BAB Ūkio Bankas’ creditors second in line for satisfaction.

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