LT: Latvian SMP Bank expands to Lithuania.

By bne IntelliNews December 3, 2010
Latvian bank SMP Bank registered its subsidiary in Lithuania in the national registry centre. Tatjana Voleiko is the head of the subsidiary, the company is registered in Vilnius, Zygimantu 13. SMP Bank is the former Multibanka, which has been registered in 1994 in Latvia. The bank focuses on small and medium enterprises, as well as provide all regular banking services. According to the bank of Lithuania there are currently 10 foreign banks subsidiaries in Lithuania, two representative offices, and 9 headquarters of the banks.

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