Urbo Bankas UAB Announces Capital Increase and Amendments
Overview of Urbo Bankas UAB
Urbo Bankas UAB is a dynamic financial institution, recognized by its company code 112027077 and located at Konstitucijos pr.18B in Vilnius. With a commitment to providing exceptional banking services, the bank is making strides to enhance its capital and governance.
Recent Approval for Amendment
The Financial Market Supervisory Committee of the Bank of Lithuania has recently granted approval for Urbo Bankas UAB to register amendments to its articles of association. This move is a significant step forward, aligning with the bank's strategic goals of increasing its authorized capital and supporting further growth.
Details of the Amendment
The approved amendments are focused on raising the authorized capital to an impressive EUR 50,988,758.50. This decision was ratified during an ordinary general meeting of shareholders that took place in March, showcasing the collaborative efforts of stakeholders invested in the bank's future.
The Significance of Increased Capital
Increasing the bank's authorized capital is not merely a financial maneuver; it represents a renewed confidence in Urbo Bankas UAB’s commitment to its long-term objectives. With a stronger capital base, the bank can look forward to expanding its service offerings, enhancing customer experiences, and tapping into new market opportunities.
Benefits for Stakeholders
This move is poised to benefit various stakeholders, including shareholders, employees, and customers. Shareholders can anticipate potential growth in their investments, while customers may enjoy enhanced financial products and services as the bank strengthens its position in the market.
Contact for More Information
For those looking for more information regarding these developments, the bank encourages reaching out directly to its representative. Julius Ivaška, the Head of Business Division, is available for inquiries at +370 601 04 453 or via email at media@urbo.lt.
Frequently Asked Questions
What is the recent capital increase for Urbo Bankas UAB?
The bank has increased its authorized capital to EUR 50,988,758.50.
Who approved the amendments to the articles of association?
The Financial Market Supervisory Committee of the Bank of Lithuania approved the amendments.
When was the capital increase approved?
The approval occurred during an ordinary general meeting of shareholders in March.
How can I contact Urbo Bankas for more details?
You can reach out to Julius Ivaška at +370 601 04 453 or via email at media@urbo.lt.
What are the benefits of higher capital for the bank?
Increased capital supports growth, enhances service offerings, and benefits shareholders and customers alike.
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