The bank's primary activities are deposit trading and providing loan and credit facilities, in addition to providing other financial services to Lithuania's corporate and private sector. Through a network of 15 branches, located in the main urban and industrial areas, the Bank offers the following services: corporate and private accounts in local and foreign currency, deposits, domestic and international settlements, the acceptance and issue of commercial and travellers' cheques, the issue and servicing of VISA cards and the Vilniaus Bankas bank card. It is also a leading provider of new banking services in Lithuania such as investment banking, brokerage and custody, import and pre-export financing, correspondent banking and the management of salary accounts for companies.

A combination of conservative and innovative approaches granted the bank the chance to take advantage of market opportunities while adhering to the principles of universal banking.

Vilniaus Bankas was the first on the market to realize the importance of information disclosure, and have started to present financial statements in accordance with IAS and audited by international auditors since 1993.

Vilniaus Bankas were also the first bank in the Baltic states to obtain a credit rating from an international credit rating agency, Thomson Bank Watch, and the ratings indicate that it is among the best in Central and Eastern Europe. The rating of the bank's long-term liabilities is BB-, which corresponds to Lithuania's sovereign rating, and the rating of the issuer in the local market is IC-B. The rating of short-term liabilities denominated in local currency is the highest possible: LC-1.

The focus on corporate banking, and the introduction of modern banking products of the highest quality, will remain Vilniaus Bankas's major competitive advantage and should assist it to stay ahead of increasing competition in the fast-growing financial market in Lithuania.

Vilniaus Bankas
Gedimino Avenue 12
LT-2600 Vilnius
Lithuania

Tel. 370 2 610 723
Fax 370 2 626 557
Telex 261601 VILBK LT
REUTERS: VIBX
SWIFT: CBVI LT 2X

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