2017-06-27 for an additional payment to the creditor second in the line

For your information, the Kaunas Regional Court by its ruling of 29thMay 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 1 500,000.00 (one million and 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.

Enclosed: a copy of the ruling of the Kaunas Regional Court of 29th May 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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