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Medicinos bankas strengthen its capital base

In 3 June, 2010, the Board of the Bank of Lithuania gave a permission to
Medicinos bankas, Ltd., earlier than set in the contract to repay 10 000 000 euros
(correspond to 34 528 000 LTL) of subordinated loan received from Saulius
Karosas - the main shareholder of the Bank.
The Bank will provide those funds for the formation of the bank‘s reserve of special
purpose in order to cover possible losses, thus, strengthening the bank‘s capital


The strengthening of capital base in the future will let the bank to assume
increased credit risk losses possible due to unfavourable economic situation and
thus, ensuring the stability of the bank‘s activity.


Medicinos bankas used to perform and is still performing all prudental
requirements set by the Bank of Lithuania.

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