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Šiaulių bankas to liquidate 3 units

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Šiaulių bankas to liquidate 3 units

Šiauliu bankasAB's management board on April 26 passed a resolution to liquidatethree subsidiaries whose nonbanking assets had been sold.

The subsidiaries include directly controlled Investicinioturto valdymas UAB and Trade project UAB and indirectly controlled Žalgiriosporto arena UAB.

Šiauliu bankas took control of the subsidiaries in 2013.