Moody‘s Investors Service changed ratings of Šiaulių bankas AB


The international rating agency “Moody‘s Investors Service” determined the      
following reviewed ratings of Šiaulių bankas AB on 26-06-2009: long-term deposit
rating - Ba3, short-term deposit rating - NP, financial strength rating - D-.   
The outlook on long-term deposit rating and financial strength rating is        
negative. The agency grounds the amendments of ratings and negative outlooks on 
the impact of the recession on the bank's profitability and quality of its
assets. 
 
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Pranas Gedgaudas 
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