AB Ukio bankas will not continue cooperation with rating agency


AB Ukio bankas, company code 112020136, address: 25 Maironio str., LT-44250 Kaunas.

Having no plans to access the international capital markets in the nearest future and reducing operating costs, AB Ukio bankas has taken a decision to withdraw the ratings from rating agency Standard & Poor’s.

On 20 December 2012 rating agency Standard & Poor’s has affirmed current ratings assigned to AB Ukio bankas: long-term counterparty credit rating B, short-term counterparty credit rating B, the outlook of ratings - stable.

Chief Executive Officer Arnas Zalys, 20.12.2012.

         Aukse Armonaite Glodiene, Public Relations Officer, +370 5 219 36 08.