Raimondas Baranauskas, president of Bankas Snoras, said: In carrying out international development, bank Snoras in the first instance seeks to adopt tenable positions in the neighbor markets. Having the representative office in Estonia, our bank has been carrying out financial operations in this country for three years already and has implemented a number of profitable credit financing projects together with Estonian customers.

On starting activity of the branch, we will put great emphasis on available and new customers, legal persons. We definitely have ambitions on the retail banking market as well, where we have acquired sufficient experience in Lithuania and Latvia and this experience holds out a hope of successful beginning of business, he added.