AB Ukio bankas, with register code 112020136, address: 25 Maironio str., LT-44250 Kaunas.
In 2012 January AB Ukio bankas recorded a loss event in loans to real estate developers segment and formed LTL 50 million provisions for the impairment of loans to real estate developers that are not individually impaired but are collectively assessed for the impairment. The loss event was recorded based on the change of real estate development projects implementation conditions of loan recipients of above-mentioned segment, and their potential impact on the estimated future cash flows from main activity of loan recipients.
Chairman - Chief Executive Officer Gintaras Ugianskis, 12 03 2012.
Arnas Zalys, Deputy Chairman - Head of Finance Division, +370 37 301 440