Bloomberg News

Lithuania Refuses Investtorgbank Permission to Open an Office

April 19, 2012

The Lithuanian central bank declined to allow Russia’s Investtorgbank OAO to open an office in the country on the ground that the lender failed to provide full information about its shareholders, the central bank said in an e-mailed statement today.

To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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