Information on the approval of BAB Ūkio bankas creditors’ list and their financial claims

2013-10-17

On the basis of the ruling of the Kaunas Regional Court of 2 May 2013 on the opening of bankruptcy proceedings against BAB Ūkio bankas, all creditors had the right to present to the bank, within one month following the entry into force of this ruling, their financial claims that appeared before the day of opening the bankruptcy proceedings. After by its ruling of 7 June 2013 the Lithuanian Court of Appeal upheld the ruling of the Kaunas Regional Court of 2 May 2013, it entered into force on 7 June 2013. With a view to that, all creditors had to submit their claims to the bankruptcy administrator by 7 July 2013. The Kaunas Regional Court extended this deadline until 7 August 2013.

Please be informed that on 17 October 2013 the Kaunas Regional Court passed a ruling which approved the financial claims of BAB Ūkio bankas creditors against the bank in bankruptcy. Creditors whose claims have been approved by the court will be informed by a separate notice by the bankruptcy administrator.

Creditors may receive more information on the ruling of the Kaunas Regional Court of 17 October 2013 by contacting BAB Ūkio bankas, Maironio str. 26/Laisvės av. 80, Kaunas, the Client Information Department, phone: +370 37 787 606 (Monday-Thursday from 8am to 5pm, Friday from 8am to 4pm).

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