Vilnius Stock Exchange Welcomes Parex Banka As A New Member

On September 4, 2006, Parex Banka has been approved as a member of the Vilnius stock exchange (VSE) and as such gains access to trading on the VSE. The bank is already a member of the Riga and Tallinn stock exchanges.

With EUR 2.6 billion in assets, Parex Banka is one of the leading banks in the Baltic States, offering integrated client services, including lending, payment card services, leasing, asset management and securities brokerage. The Bank is represented in 15 countries through its network of representative offices, branches and subsidiaries, including a subsidiary in Switzerland, AP Anlage und Privatbank AG.

Parex Banka will start trading on the Vilnius stock exchange under trading code PRX from September 5 of this year.

The Baltic stock exchanges have 40 members altogether.