Settlement with creditors (depositors) of Joint-stock Innovation Bank
With creditors of the Joint-stock Innovation Bank - legal persons and enterprises having no rights of a legal person - accounts are settled through JS Turto Bankas by transferring long-term Government securities (GS) No. 61002 issued into their ownership.
According to the Government decision No.1170 of September 24, 2000, the Government securities for these LJSIB creditors (issue No.61002) were converted to 5 issues of securities (60303, 60401, 60502, 60601 and 60701). JS Turto bankas is authorised institution to account these securities.
- Type of security - Bond of the Government of Republic of Lithuania
- Par value - 1 Litas. Non-material security.
- Redemption terms:
- Issue No.60303 - April 25, 2003
- Issue No.60401 - April 25, 2004
- Issue No.60502 - April 25, 2005
- Issue No.60601 - April 25, 2006
- Issue No.60701 - April 25, 2007
- Redeemed at the par value.
- Interest is neither calculated or paid.
Note: Creditors of Lithuanian Joint-stock Innovation Bank that have not received account statements from No. 61002 Securities accounts, shall contact the Reporting Division at tel: (+370 5) 278 09 44 or via e-mail: vpmarija@turtas.lt.
