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The European Bank for Reconstruction and Development (EBRD) has invested €23 million in the inaugural international bond issued by Lithuania’s Šiauliu Bankas. This investment is part of a €300 million issue listed on the Euronext Dublin stock exchange and builds on a long-standing partnership between the EBRD and Šiauliu Bankas. As a shareholder in the Lithuanian bank since 2006, the EBRD continues to play a pivotal role in supporting its long-term growth.
The EBRD’s participation has been instrumental in Šiauliu Bankas’ successful entry into the international bond market. The Bank’s investment has facilitated continued capital-market access for a systemic player in the Lithuanian economy and underscores the EBRD’s commitment to supporting its partner financial institutions in navigating complex market conditions and fostering strong corporate and climate governance.
Tomas Kairys, the EBRD Head of the Baltic States, said: “We are delighted to support our long-standing partner, Šiauliu Bankas, in this remarkable achievement, attracting significant demand from international fixed-income investors for its debut international issuance. Our investment will help finance green projects in Lithuania, contributing to the country’s green transition – one of our core strategic priorities.”
Established in 1992, Šiauliu Bank is the fourth-largest bank in Lithuania, providing retail and commercial banking services through the country’s largest branch network. The Bank is a minority shareholder.
The EBRD is a leading institutional investor in Lithuania. To date, it has invested almost €1.6 billion in 131 projects across the country. |
