DNB bank RSS feeds - Essential events

Regarding the management board member

Wed, 01 Feb 2012 00:00:00 +0200

AB DNB Bankas notifies that on 1 February 2012 Anne Birgitte Prestholdt takes her office of member of the Bank’s management board and executive vice president in charge of credit and financial risk management, loan restructuring as well as special assets and asset valuation operations. In the position she replaced the member of the Bank’s management board Fredrik Johannes Borch.

Prior to joining the AB DNB Bankas Anne Birgitte Prestholdt worked in Norway’s DNB Bank ASA retail divisions as the head of Risk and quality unit in Akershus/Ostfold. During her 18 years carrier in DNB Bank ASA she built vivid professional experience in retail and large corporate businesses as well as special assets management.

Anne Birgitte Prestholdt (born 1960) is a graduate of the Norwegian School of Economics and Business Administration.

Anne Birgitte Prestholdt has no shareholdings in AB DNB Bankas

Note issue No PO 21/12/2011 placement results

Wed, 28 Dec 2011 00:00:00 +0200

AB DNB Bankas completed placement of the corporate note issue with aggregate nominal value of 20,759,800 LTL.

Details of placement are listed below:

ISIN	LT0000410540;
Type	Zero coupon notes No. PO 21/12/2011;
Number of securities	207,598 units.;
Par	100 LTL;
Aggregate nominal value	20,759,800 LTL;
Placement completed	2011-12-21;
Interest rate commencement	2011-12-21;
Redemption	2012-02-20;
Status	Unsubordinated, unguaranteed and non-convertible;
Collateral	Without collateral;
Listing	This note issue will not be listed.

Note issue No 13/12/2011 placement results

Mon, 19 Dec 2011 00:00:00 +0200

AB DNB Bankas completed placement of the corporate notes with aggregate nominal value of 1,036,000 LTL.

Details of placement are listed below:

ISIN	LT0000431397;
Type	Fixed rate notes No. PO 13/12/2011;
Number of securities	10,360 units.;
Par	100 LTL;
Aggregate nominal value	1,036,000 LTL;
Placement completed	2011-12-13;
Interest rate commencement	2011-12-13;
Redemption	2014-12-15;
Status	Unsubordinated, unguaranteed and non-convertible;
Collateral	Without collateral;
Listing	This note issue will not be listed.

Interim information for the first nine months of 2011

Fri, 25 Nov 2011 00:00:00 +0200

AB DNB Bankas presents unaudited group and the bank‘s interim condensed financial statements for the first three quarters of 2011 prepared in accordance with International Financial Reporting Standards and confirmed by the management.

Attachments:
2011 09 30 Confirmation of responsible persons EN.pdf
DNB_ interim condensed financial information 30 09 2011 IFRS Eng.pdf

The member of the management board

Fri, 25 Nov 2011 00:00:00 +0200

AB DNB Bankas notifies that the management board member Fredrik Johannes Borch resigns from his position in the bank from 1 December 2011.

It is planned that after the receipt of the permission of the Bank of Lithuania, Anne Birgitte Prestholdt, the head of Risk and Quality unit of Norway’s DNB Bank ASA, will replace Fredrik Johannes Borch on the bank’s management board.

Amendment to by-laws registered

Fri, 11 Nov 2011 00:00:00 +0200

This is to notify that on 11 November 2011 the amendments to the by-laws of AB DnB NORD Bankas, have been registered at the Register of Legal Entities of the Republic of Lithuania which state that the Bank‘s name is AB DNB Bankas.

Upon the change of the Bank's name, the registered address of the Bank, its legal status, legal entity code and the register where the data about the company is collected and stored as well as VAT payer's code will remain the same. Account numbers will also remain unchanged, all concluded agreements will continue to be in effect. Payment cards will remain valid and all services will be provided in regular manner.

Starting 11 November 2011 banks that are part of Norway's largest financial services group in 19 countries world-wide, including Lithuania, will start operating under one DNB brand name. The new name of the Bank – AB DNB Bankas - reflects that its sole shareholder is Norway’s DNB Bank ASA (DnB NOR Bank ASA before 11 November 2011).

Preliminary result for the first nine months of 2011

Thu, 27 Oct 2011 00:00:00 +0300

According to preliminary unaudited data calculated in accordance to International financial reporting standards, AB DnB NORD Bankas earned LTL 64.3 million (EUR 18.6 million) net profit in the first nine months of 2011.
In the first nine months of 2010 AB DnB NORD Bankas financial result was LTL 137.5 million (EUR 39.8 million) net loss.

Regarding note issue Nordic No 2 placement results

Fri, 21 Oct 2011 00:00:00 +0300

On 20 October 2011, AB DnB NORD Bankas completed placement of the following corporate notes, issued in accordance with the Base Prospectus of the 300 000 000 Euro Medium Term Notes Programme, approved at the Securities Commission of the Republic of Lithuania on 28th October 2010 by the Resolution No. 4R-19.:

ISIN	LT0000431363
Type	Nordic Equities linked notes issue No 2
Underlying Financial Instrument	FTSE Nordic 30 index
Number of securities	56 427
Par	100 LTL
Aggregate nominal value	5 642 700 LTL
Participation	60 percent
Effective Date	2011.10.24
Redemption	2014.10.25
Listing	This note issue will not be listed.

Regarding an increase of reserve capital

Wed, 12 Oct 2011 00:00:00 +0300

This is to notify that on 11 October 2011 the reserve capital of AB DnB NORD Bankas (hereinafter – the Bank) was increased by EUR 105.5 million (LTL 364.3 million) by monetary contribution of the Bank’s sole shareholder Norway’s DnB NOR Bank ASA. The reserve capital was increased due to the planned early repayment of nine subordinated loans. The largest subordinated loan amounts will be repaid by the Bank to Denmark-based Bank DnB NORD A/S and the Norway’s DnB NOR Bank ASA on 12 October.
It is estimated, that as the result of the increase in the reserve capital and repayment of all the subordinated loans the Bank’s capital will increase by LTL 95.1 million (EUR 27.5 million) and its capital adequacy ratio will go up by 1.14 percentage points up to 13.5 percent as at the end of 2011. The Bank group’s capital adequacy ratio will increase to 15 percent.

Regarding the change of the name

Tue, 20 Sep 2011 00:00:00 +0300

This is to notify that on 19 September 2011 DnB NOR Bank ASA the sole shareholder of AB DnB NORD Bankas decided to change the name of the Bank to AB DNB Bankas and approve the respective amendments to the Bylaws of the Bank.

The name of the Bank shall be changed upon receipt of the permit by the Bank of Lithuania and registration of the respective amendments to the Bylaws of the Bank in the Register of Legal Entities of the Republic of Lithuania, i.e. in effect from 11 November 2011.

The new name will clearly reflect the Bank's shareholders‘ structure and emphasize that all the banks, being the members of the Norway's largest financial group in 19 countries worldwide shall consistently foster finacial services culture that creates value to customers and partners.

Upon change of the Bank's name the customer account numbers will remain the same, all concluded agreements will continue to be in effect, payment cards and all services will be provided in the usual manner. The registered address of the Bank, its legal status, legal entity code and the register where the data about the company is collected and stored as well as VAT payer code shall also remain unchanged.

Regarding the change of legal status of the bank's subsidiary

Mon, 19 Sep 2011 00:00:00 +0300

Following the resolution of AB DnB NORD Bankas, the sole shareholder of UAB DnB NORD Lizingas, the legal status of the subsidiary UAB DnB NORD Lizingas was changed from private limited company to joint stock company with 100 percent of its shares owned by the bank. The amended incorporation documents that reflect the change of the legal status of AB DnB NORD Lizingas were registered with the Register of Legal Entities of the state enterprise “Centre of Registers” on 15 September 2011.

Interim information for the first six months of 2011

Tue, 30 Aug 2011 00:00:00 +0300

AB DnB NORD Bankas presents interim consolidated unaudited report for the first six months of 2011, unaudited interim condensed financial information prepared in accordance with International Financial Reporting Standards and confirmation of responsible persons.

Interim condensed financial information
Interim consolidated statement
Interim confirmation of responsible persons

Preliminary result for the first six months of 2011

Tue, 12 Jul 2011 00:00:00 +0300

According to preliminary unaudited data calculated in accordance to International financial reporting standards, AB DnB NORD Bankas earned LTL 36.2 million (EUR 10.5 million) net profit in the first six months of 2011.

In the first six months of 2010 AB DnB NORD Bankas financial result was LTL 129.6 million (EUR 37.5 million) net loss.

Acquisition of shares

Fri, 01 Jul 2011 00:00:00 +0300

AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities (hereinafter the “Bank”) was notified that on 30 June 2011 Norway registered DnB NOR Bank ASA has acquired 100 percent of shares of AB DnB NORD bankas from Denmark registered Bank DnB NORD A/S, controlled by DnB NOR Bank ASA, thus becoming direct shareholder of the Bank owning 100 percent of it‘s shares and voting rights.

The attachments – notifications from DnB NOR Bank ASA and Bank DnB NORD A/S regarding acquisition and disposal of voting rights.

Notification of disposal

Notification of acquisition

Regarding management board member

Thu, 30 Jun 2011 00:00:00 +0300

AB DnB NORD Bankas notifies that on 1 July 2011 Vaineta Barevičiūtė takes her office of member of the Bank’s management board and executive vice president in charge of back office operations of the Bank.

Vaineta Barevičiūtė (born 1976) has been working in AB DnB NORD Bankas since 2003. Prior to taking the office on the Bank’s management board she has been working as the head of AB DnB NORD Bankas Internal audit department. She has lawyer’s qualifications from Vilnius University and holds a degree of master of management and business administration from ISM university.

Vaineta Barevičiūtė has no shares of AB DnB NORD Bankas.

Regarding resignation of member of the supervisory council

Tue, 21 Jun 2011 00:00:00 +0300

AB DnB NORD Bankas notifies that Torstein Hagen, the member of the Bank’s Supervisory Council, resigns from office as of 30 June 2011.

Regarding note issues Germany No 1 and No 2 placement results

Thu, 16 Jun 2011 00:00:00 +0300

On 13 June 2011, AB DnB NORD Bankas, completed placement of the following corporate note issues, placed in accordance with the Base Prospectus of the 300.000.000 Euro Medium Term Notes Programme, approved by the Securities Commission of the Republic of Lithuania on 28 October 2010 (the resolution No. 4R-19):

ISIN	LT1000430371
Type	Germany Equities linked notes issue No 1
Underlying Financial Instrument	DAXK index
Number of securities	3 203
Par	100 EUR
Aggregate nominal value	320 300 EUR
Participation	125 percent
Effective Date	2011-06-15
Redemption	2014-06-16
Listing	This note issue will not be listed

ISIN	LT0000431280
Type	Germany Equities linked notes issue No 2
Underlying Financial Instrument	DAXK index
Number of securities	27 513
Par	100 LTL
Aggregate nominal value	2 751 300 LTL
Participation	70 percent
Effective Date	2011-06-15
Redemption	2014-06-16
Listing	This note issue will not be listed

Regarding management board member

Thu, 09 Jun 2011 00:00:00 +0300

AB DnB NORD Bankas notifies that Tadas Sudnius, the member of the Management Board of the Bank, resigned from the office from 9 June 2011 following his appointment as the advisor to the Bank’s president full time dedicated to the implementation of the Bank’s new core banking system and its integration with DnB NOR Bank ASA. After the completion of the project implementation, expected to take 18 to 24 months, Tadas Sudnius will return back to his previous position of the member of the Bank’s Management Board.

It is planned that Vaineta Barevičiūtė, the head of the Bank’s Internal audit department, will replace Tadas Sudnius on the management board after the relevant permission from the Central Bank of the Republic of Lithuania is received.

Vaineta Barevičiūtė (born 1976) has been working in AB DnB NORD Bankas since 2003. She has lawyer’s qualifications from Vilnius University and holds a degree of master of management and business administration from ISM university.

Tadas Sudnius and Vaineta Barevičiūtė have no shares of AB DnB NORD Bankas.

Interim information for the first three months of 2011

Fri, 27 May 2011 00:00:00 +0300

AB DnB NORD Bankas presents unaudited group and bank interim condensed financial statements for the first quarter of 2011 prepared in accordance with International Financial Reporting Standards and confirmed by the management.

Confirmation of responsible persons
Interim condensed financial information 31 03 2011 IFRS

Regarding the direct ownership of AB DnB NORD Bankas' shares

Thu, 26 May 2011 00:00:00 +0300

On 26 May 2011 the Central Bank of the Republic of Lithuania notified that its board of directors had no objections for Norway registered DnB NOR Bank ASA to become the sole direct shareholder of AB DnB NORD Bankas through acquisition of 100 percent shares of the bank from its fully owned Danish registerd bank Bank DnB NORD A/S.

Supplement to 2010 financial statements

Fri, 20 May 2011 00:00:00 +0300

AB DnB NORD Bankas supplements 2010 financial statements released on 29 March 2011 with the confirmation letter of the responsible persons.

Atsakingų asmenų patvirtinimas

Preliminary result for the first quarter of 2011

Fri, 06 May 2011 00:00:00 +0300

According to preliminary unaudited data calculated in accordance to International financial reporting standards, AB DnB NORD Bankas earned LTL 22.3 million (EUR 6.5 million) net profit in the first quarter of 2011.

In the first quarter of 2010 AB DnB NORD Bankas' financial result was LTL 53.1 million (EUR 15.4 million) net loss.

New wording of AB DnB NORD Bankas by-laws registered

Tue, 19 Apr 2011 00:00:00 +0300

On 13 April 2011 the amended by-laws of AB DnB NORD Bankas (hereinafter – the “Bank”) were registered with the Register of the Legal Entities. The amendments of the by-laws were made regarding the change of legal regulation of the meeting quorum of the Management board of the Bank.

The by-laws were amended in line with the decision of the sole shareholder of the Bank – Bank DnB NORD A/S – as of 29 March 2011. The wording of the section VIII Article 8.9 of the by-laws was set as following:

“8.9. Any meeting of the Management Board shall be deemed held and the Management Board may take decision therein when 2/3 and more of the Management Board Members participate in the meeting of the Management Board. Any Member of the Management Board may express his/her will to vote for or against the discussed decision, upon scrutiny of the draft thereof, by a written vote in advance. The Management Board Members who have voted in advance shall be deemed to participate in the meeting. The decision of the Board shall be adopted if more than a half of elected Board members votes for it are received. Decisions of the Management Board may also be taken by circulation of the voting ballot among the Management Board Members if none of the Management Board Members objects to such procedure. Each Member of the Management Board shall have one vote. In the event of a tie vote, the Chairman of the Management Board shall have the casting vote. Should, in case of a tie vote, the Chairman of the Management Board not participate in the meeting or not participate in the voting on the decision, the decision shall be deemed not taken. The voting by the terminal equipment of telecommunications shall be equivalent to the voting in writing provided that the confidentiality of the communications is guaranteed and there are means for the verification of the signature. The Management Board Member shall have no right to vote on the issue related to his/her work on the Management Board or the issue of his/her liability.”

Įstatai

Bjørnar Lund appointed DnB NORD Bankas‘CEO from 1 May

Mon, 04 Apr 2011 00:00:00 +0300

AB DnB NORD Bankas notifies, that Bjørnar Lund, the general regional manager of Norway’s DnB NOR Banka ASA, has been appointed the chairman and chief executive officer of AB DnB NORD Bankas starting 1 May 2011. Following the receipt of the permission from the Central Bank of Republic of Lithuania to become a manager of the Bank, he will replace dr. Vygintas Bubnys who will return to his previous position in the bank as deputy chairman of the management board and vice-president of AB DnB NORD Bankas in charge of large corporate customers, investment banking and product development.

Bjørnar Lund (48) has been working in DnB NOR since 1987. He has extensive experience from various managerial positions within corporate and retail operations in DnB NOR in Norway. In addition, he has international experience as head of the Nordic Desk in Singapore. Bjørnar Lund holds a Master’s degree in Science of Business from BI Norwegian School of Management.

Dr. Vygintas Bubnys (52) is a doctor of social sciences. He has been working at DnB NORD Bankas since 2000 and in Lithuania’s financial sector since 1990.

Bjørnar Lund and dr Vygintas Bubnys have no shareholdings in AB DnB NORD Bankas.

The decisions of the the sole shareholder of AB DnB NORD Bankas

Tue, 29 Mar 2011 00:00:00 +0300

On 29 March 2011 the sole shareholder of AB DnB NORD Bankas, Bankas (hereinafter – the “Bank”) Bank DnB NORD A/S:

1. acknowledged 2010 Consolidated Annual Report of the Bank;

2. approved separate and consolidated financial statements of the Bank of 2010;

3. distributed the profit (loss) of the Bank. It was decided to transfer the amount of LTL 172,6 million (EUR 49.99 million) from the Bank’s reserve capital to cover the Bank’s distributable loss. It was also decided to transfer the LTL 77,1 million (EUR 22, 3 million) in retained loss to the next financial year;

5. elected close stock company „Ernst & Young Baltic“ as an audit firm to perform audit of the annual financial statements of the Bank for the year 2011 and authorized the president of the Bank to establish the other terms and conditions of the Agreement on auditing services with audit firm according to the approved by the sole shareholder remuneration amount;approved the amendment of the Bylaws of the Bank regarding the meeting quorum of the Management Board and set the Article 8.9 of the Bylaws of the Bank as follows:
“8.9. Any meeting of the Management Board shall be deemed held and the Management Board may take decision therein when 2/3 and more of the Management Board Members participate in the meeting of the Management Board. Any Member of the Management Board may express his/her will to vote for or against the discussed decision, upon scrutiny of the draft thereof, by a written vote in advance. The Management Board Members who have voted in advance shall be deemed to participate in the meeting. The decision of the Board shall be adopted if more than a half of elected Board members votes for it are received. Decisions of the Management Board may also be taken by circulation of the voting ballot among the Management Board Members if none of the Management Board Members objects to such procedure. Each Member of the Management Board shall have one vote. In the event of a tie vote, the Chairman of the Management Board shall have the casting vote. Should, in case of a tie vote, the Chairman of the Management Board not participate in the meeting or not participate in the voting on the decision, the decision shall be deemed not taken. The voting by the terminal equipment of telecommunications shall be equivalent to the voting in writing provided that the confidentiality of the communications is guaranteed and there are means for the verification of the signature. The Management Board Member shall have no right to vote on the issue related to his/her work on the Management Board or the issue of his/her liability.”

6. elected Mr. Ola Landmark to the Supervisory Council of the Bank until expiry of the term of office of the current Supervisory Council and established that the newly elected member of the Supervisory Council Mr. Ola Landmark will start the office following the receipt of the permission from the Central Bank of Republic of Lithuania to become a manager of the Bank.

Consolidated annual report 2010

Audited financial information for full year 2010

Tue, 29 Mar 2011 00:00:00 +0300

AB DnB NORD Bankas, (hereinafter the „Bank“) presents 2010 financial statements that include audited separate and consolidated financial statements prepared in accordance with International Financial Reporting Standards and consolidated annual report assessed by the auditors.
The documents were approved by the Bank‘s sole shareholder - Bank DnB NORD AS - on 29 March 2011.
The audited results of AB DnB NORD Bankas for the full year 2010 do not differ from previously reported preliminary data.

Consolidated annual report 2010

Regarding credit rating

Mon, 21 Mar 2011 00:00:00 +0200

On 21 March 2011 Fitch Ratings agency affirmed the long-term issuer default rating for AB DnB NORD Bankas at ‘A’ with stable outlook. The agency also affirmed AB DnB NORD Bankas short-term IDR raiting at 'F1', individual rating at 'D/E' and support rating at '1'.

With Norway’s financial group DnB NOR ASA becoming the sole shareholder of Bank DnB NORD A/S, it has been decided that AB DnB NORD Bankas shall use the ratings as assigned for DnB NOR Bank ASA. Fitch Ratings had set DnB NOR’s long-term issuer default rating at “A+” with stable outlook. Going forward no separate Fitch Ratings’ ratings shall be set for AB DnB NORD Bankas.

Terje Turnes elected to chair the Supervisory council

Mon, 07 Mar 2011 00:00:00 +0200

The Supervisory Council of AB DnB NORD Bankas has elected Terje Turnes, the head of the Baltic and Poland division of Norway‘s DnB NOR ASA bank, as its chairman.

Terje Turnes (born 1963) has been working at DnB NOR bank since 1989. During his career Terje Turnes was a head of Industry and Energy Sections in the DnB NOR‘s Corporate Division. Prior to taking the job of the Head of Baltic and Poland Division, he was the head of DnB NOR’s office in London. Terje Turnes holds diplomas in economics, administration and marketing.

Terje Turnes has no shareholdings in AB DnB NORD Bankas.

Interim condensed financial statements for the IV quarter 2010

Fri, 25 Feb 2011 00:00:00 +0200

AB DnB NORD Bankas presents unaudited group and bank interim condensed financial statements for the fourth quarter of 2010 prepared in accordance with International Financial Reporting Standards and confirmed by the management.

AB DnB NORD Bankas interim confirmation of responsible persons

AB DnB NORD Bankas interim condensed financial information

Regarding changes in the Supervisory Council

Thu, 24 Feb 2011 00:00:00 +0200

AB DnB NORD Bankas notifies that on 28 February 2011 the chairman of the Supervisory Council Thomas Stephan Buerkle and the member of the Supervisory Council Andris Ozolins resign from these positions. By the decision of the sole shareholder of AB DnB NORD Bankas – Bank DnB NORD A/S, Terje Turnes, Head of the Baltic and Poland Division of Norway‘s DnB NOR A/S bank is elected to the Supervisory Council of the Bank from 1 March 2011 until expiry of the term of office of the current Supervisory Council.

Terje Turnes (born 1963) has been working at DnB NOR bank since 1989. Prior to taking the job of the Head of Baltic and Poland Division, he was the head of DnB NOR’s office in London. Terje Turnes holds diplomas in economics, administration and marketing.

Terje Turnes, Thomas Stepan Buerkle and Andris Ozolins have no shares in AB DnB NORD Bankas.

Preliminary 2010 result

Thu, 10 Feb 2011 00:00:00 +0200

According to preliminary unaudited data calculated in accordance to International financial reporting standards, the consolidated net loss of AB DnB NORD Bankas group, company, was LTL 113.1 million (EUR 32.8 million) in full year 2010. Net loss of AB DnB NORD Bankas was LTL 122.6 million (EUR 35.5 million) within the period. In the fourth quarter of 2010 AB DnB NORD Bankas group eraned a net profit of LTL 35.1 million (EUR 10.2 million ) while AB DnB NORD Bankas‘ net profit was LTL 14 .9 million (EUR 4.3 million).

In full year 2009 consolidated net loss of AB DnB NORD Bankas‘ group was LTL 406.9 million (EUR 117.8 million) ant the net result of AB DnB NORD Bankas was LTL 402.6 million (EUR 116.6 million). In the fourth quarter of 2009 net loss of AB DnB NORD Bankas group was LTL 154.9 million ( EUR 44.9 million) and AB DnB NORD Bankas‘ net loss was LTL 165.4 million (EUR 47.9 million).

Notice on acquisition and disposal of the voting rights

Tue, 28 Dec 2010 00:00:00 +0200

AB DnB NORD bankas, company code 112029270, VAT payer's code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities, presents the notifications, received from DnB NOR Bank ASA and from Norddeutsche Landesbank Girozentrale (NORD/LB), regarding indirect acquisition and disposal of voting rights (see attachments).

Attachments:
2010 12 28 DnB NOR Bank ASA notification.pdf
2010 12 28 NORD LB notification.pdf

An application submitted for the note issue listing

Mon, 27 Dec 2010 00:00:00 +0200

On 27 December 2010, AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities, submitted an application to AB NASDAQ OMX Vilnius for listing of LTL 35,000,000 par value notes on the stock exchange’s Bond List.

This tranche has been issued in accordance with AB DnB NORD Bankas EUR 300,000,000 notes' issue program (Registration No 4R-16).

Key characteristics of the issue:

ISIN code:	LT0000431132;
Type of the notes:	fixed rate notes;
Interest rate:	3.50 pct. (annual);
Duration:	3 years;
Issue size:	350,000 units;
Par value:	LTL 100;
Total nominal value:	LTL 35,000,000;
Maturity date:	7 October, 2013.

Regarding resignation of member of supervisory council

Thu, 23 Dec 2010 00:00:00 +0200

AB DnB NORD Bankas, (hereinafter “the Bank”) notifies that the member of the Bank’s Supervisory Council Mr. Cord Meyer has resigned from his functions pursuant the transfer of Germany’s NORD/LB 49 percent shareholdings in Bank DnB NORD A/S group to Norway’s DnB NOR Bank ASA that became the sole ultimate shareholder of AB DnB NORD Bankas. Mr. Cord Meyer is representative of NORD/LB bank.

DnB NOR acquires all shares in DnB NORD

Thu, 23 Dec 2010 00:00:00 +0200

AB DnB NORD Bankas is notified, that on December 23, 2010, Norway’s DnB NOR Bank ASA has acquired 49 per cent of the shares in Bank DnB NORD A/S, previously owned by Norddeutsche Landesbank Girozentrale (NORD/LB), and from this date will own 100 per cent of the shares. Bank DnB NORD A/S, registered in Denmark, is the sole shareholder of AB DnB NORD Bankas, therefore DnB NOR Bank ASA while acquiring the block of shares in Bank DnB NORD A/S, has increased indirect control of AB DnB NORD Bankas from 51 per cent to 100 per cent.

Interim condensed financial statements for the first nine months of 2010

Tue, 30 Nov 2010 00:00:00 +0200

AB DnB NORD Bankas presents unaudited group and bank interim condensed financial statements for the first nine months of 2010 prepared in accordance with International Financial Reporting Standards and confirmed by the management.

AB DnB NORD bankas interim confirmation of responsible persons eng 30 09 2010.pdf

Interim condensed financial information 30 09 2010 ifrs eng.pdf

Regarding Base Prospectus of EUR 300,000,000 Medium-Term Note Programme

Wed, 10 Nov 2010 00:00:00 +0200

On 28 October 2010, the Securities Commission of the Republic of Lithuania approved AB DnB NORD Bankas, Base Prospectus of EUR 300,000,000 Medium-Term Note Programme (certificate number 4R-19).

DnB NORD bazinis prospektas patvirtintas 2010 10 28

Preliminary unaudited result for the first nine months of 2010

Thu, 28 Oct 2010 00:00:00 +0300

With Lithuania's economy stabilizing and signs of recovery seen on the country's credit market in the third quarter of the year, according to preliminary un-audited data AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities, earned a pre-tax operating profit before provisions of LTL 110.3 million (EUR 31.9 million) during the first nine months of 2010. The economic downturn continued to affect the quality of the loan portfolio and the Bank pursued further a conservative customer risk valuation approach setting aside LTL 47.7 million (EUR 13.8 million) in provisions in the third quarter of the year alone, the amount was more than four times lower compared to the first two quarters of 2010. As a result, the pre-tax loss of AB DnB NORD Bankas amounted to LTL 137.5 million (EUR 39.8 million) in the first nine months of 2010, down 53.9 percent year-on-year.

During the first nine months of 2009, AB DnB NORD Bankas made, LTL 490.8 million ( EUR 142.1 million)in provisions and recorded a pre-tax loss of LTL 298.1 million (EUR 86.3 million).

AB DnB NORD Bankas results are calculated in accordance to International Financial Accounting Standards.

Acquisition of all shares in Bank DnB NORD A/S

Thu, 28 Oct 2010 00:00:00 +0300

AB DnB NORD Bankas is notified, that Norway's bank DnB NOR ASA has concluded an agreement to acquire the German bank NORD/LB's 49 per cent ownership interest in Bank DnB NORD A/S.

Since year-end 2005, DnB NOR ASA and Norddeutsche Landesbank Girozentrale (NORD/LB) have jointly owned Bank DnB NORD A/S. On 2 August 2010, DnB NOR ASA exercised its option to acquire NORD/LB's 49 per cent ownership interest in Bank DnB NORD A/S. Since then, the parties have been in negotiations to agree on the consideration for the shares. An agreement has now been reached and after the completion of the transaction, DnB NOR ASA will own 100 per cent of the shares in Bank DnB NORD A/S.

Denmark based Bank DnB NORD A/S is the sole shareholder of AB DnB NORD Bankas.

Fixed Interest Note Issue No 10/2013 placement results

Mon, 04 Oct 2010 00:00:00 +0300

On 29 September 2010, AB DnB NORD Bankas completed the placement of the following corporate notes' issue:

ISIN	LT0000431132
Type	Fixed Interest Notes Issue No 10/2013
Number of securities	350 000
Par	100 LTL
Aggregate nominal value	35 000 000 LTL
Participation	97%
Interest rate commencement	2010-10-05
Redemption	2013-10-07
Listing	The Issuer shall apply for admission of trading of this tranche on AB NASDAQ OMX Vilnius Stock Exchange Bond List

Dr. Vygintas Bubnys appointed DnB NORD Bankas CEO from Nov. 1, Tadas Sudnius joins the board

Thu, 30 Sep 2010 00:00:00 +0300

Following the proposal of the Supervisory Council as of 30 September 2010, the Management Board of AB DnB NORD Bankas (hereinater “theBank”) elected deputy chairman of the Management Board Dr. Vygintas Bubnys as its chairman and appointed him as the Bank's President from 1 November 2010. He replaces president and the chairman of the Bank's Management Board Werner Schilli, who from 1 November 2010 starts his office of director of Germany‘s Norddeutsche Landesbank (NORD/LB) and the member of the Management Board of Braunschweigische Landessparkasse (BLSK) in charge of retail banking.

Dr. Vygintas Bubnys is currently deputy chairman of the Management Board and executive vice-president of AB DnB NORD Bankas in charge of corporate banking, markets' operations, product development and asset management. Management board member Fredrik Borch has been appointed deputy chairman from 1 November 2010.

Vygintas Bubnys (born 1958) is a doctor of social sciences. He has been working at AB DnB NORD Bankas since 2000 and in Lithuania's financial sector since 1990. V. Bubnys has no shares of AB DnB NORD Bankas.

In the 30 September 2010 meeting, the Bank‘s Supervisory Council elected Tadas Sudnius, the head of the Bank‘s Business integration department as a member of the Bank‘s Management Board and he was appointed executive-vice president of the Bank in charge of back-office operations. Tadas Sudnius will start his office on 1 October 2010. He replaces Gundars Andžans who will hold the position of the advisor to the president of AB DnB NORD Bankas with executive decision power on IT development related issues.

Tadas Sudnius (born 1981) has been working in AB DnB NORD Bankas since 2003. He is a holder of bachelor's degree in economics from Vilnius University. He has no shares of AB DnB NORD Bankas.

Andrius Vilkancas,
Press officer
Tel: +370 5 2393 413,

andrius.vilkancas@dnbnord.lt

AB DnB NORD Bank Launches New Fixed Rate Notes Issue

Wed, 29 Sep 2010 00:00:00 +0300

On the 29th of September 2010, AB DnB NORD Bankas launches a new 3-year fixed interest rate notes issue No 10/2013, with the annual interest rate of 3.50%. The issue is placed under EUR 300.000.000 Medium-term Note Programme.

The notes are denominated in Litas and may be subscribed from 12:00 to 16:00 on the 29^th of September, 2010. The notes shall be redeemed on the 7^th of October, 2013.

Final Terms

Interim information for the first six months of 2010

Tue, 31 Aug 2010 00:00:00 +0300

AB DnB NORD Bankas presents interim consolidated unaudited report for the first six months of 2010, unaudited interim condensed financial information prepared in accordance with International Financial Reporting Standards and confirmation of responsible persons.

ab dnb nord bankas interim confirmation of responsible persons eng 30 06 2010.pdf
interim condensed financial information 30 06 2010 ifrs eng.pdf
2010 06 30 h1 interim consolidated report en.pdf

DnB NORD Bankas CEO Werner Schilli to take new position in NORD/LB

Fri, 27 Aug 2010 00:00:00 +0300

Werner Schilli, the president and the chairman of the management board of AB DnB NORD Bankasthe data is collected and stored at the Register of Legal Entities, accepted the offer to work as director of Germany‘s Norddeutsche Landesbank (NORD/LB) and be a member of the Management Board of Braunschweigische Landessparkasse (BLSK) responsible for Retail Banking (Private Individuals and Small Enterprises). He will take the position from November 1, 2010.

Werner Schilli (born 1954) has served as the president and the chairman of the management board of AB DnB NORD Bankas since December 2005 and has been a member of the management board since 2002.
Werner Schilli has no shares of AB DnB NORD Bankas.

An application submitted for a note issue listing

Tue, 13 Jul 2010 00:00:00 +0300

On 13 July 2010, AB DnB NORD Bankas submitted an application to AB NASDAQ OMX Vilnius for listing of LTL 15,000,000 par value notes on the stock exchange's Bond List. This tranche has been issued in accordance with AB DnB NORD Bankas EUR 300,000,000 medium-term notes' issue program No 4R-16.

Key characteristics of the issue:

ISIN code	LT0000405052
Notes type	Fixed rate notes
Interest rate	5.00 pct (annual)
Duration	5 years
Issue size	150,000 units
Par value	LTL 100
Total nominal value	LTL 15,000,000
Maturity date	07 May, 2015

Preliminary result for the first six months of 2010

Fri, 09 Jul 2010 00:00:00 +0300

According to preliminary un-audited data AB DnB NORD Bankas earned a pre-tax operating profit before provisions of LTL 70.4 million (EUR 20.4 million) in the first six months of 2010, however taking into account the impact of sluggish domestic demand and depressed labor market on individual and corporate customers, the bank continued to pursue a conservative customer risk valuation and set aside LTL 200,0 million (EUR 57.9 million) in provisions in the first half of 2010. As a result AB DnB NORD Bankas recorded LTL 129.6 million (EUR 37.5 million) pre-tax losses for the first six months of 2010.

In the same period of 2009 AB DnB NORD Bankas recorded LTL 165.6 million (EUR 47.96 million) pre-tax losses after setting aside LTL 294.6 million ( EUR 85.3 million) for special provisions.

AB DnB NORD Bankas results are calculated in accordance to International Financial Reporting Standards.

Commodity Exporter Equity linked notes issue No 1-LV placement results

Wed, 16 Jun 2010 00:00:00 +0300

On 11 June 2010 AB DnB NORD Bankas completed placement of the following corporate notes' issue:

ISIN	LT1000430082
Type	Commodity Exporter Equity linked notes issue No 1-LV
Underlying Financial Instrument	Underlying Financial Instrument consists of equities indices as follows: Russian Depositary Index, iShares MSCI Brazil Index Fund, S&P/Toronto Stock Exchange Composite Index, S&P/Australian Stock Exchange 200 Index.
Number of securities	3,900
Par	100 EUR
Aggregate nominal value	390 000 EUR
Participation	100 pct.
Interest rate commencement	2010-06-14
Redemption	2013-06-14
Listing	This note issue will not be listed.

AB DnB NORD Bankas group and bank interim condensed financial statements for the first quarter of 2010

Fri, 28 May 2010 00:00:00 +0300

AB DnB NORD Bankas presents unaudited group and bank interim condensed financial statements for the first quarter of 2010 prepared in accordance with International Financial Reporting Standards and confirmed bythe management.

Interim confirmation of responsible persons

Interim condensed financial information

AB DnB NORD Bank Launches New Fixed Rate Notes Issue

Mon, 24 May 2010 00:00:00 +0300

On the 24th of May 2010, AB DnB NORD Bankas launches a new 3-year fixed interest rate notes issue No 05/2013, with the annual interest rate of 4.10%. The issue is placed under EUR 300.000.000 Medium-term Note Programme.

The notes are denominated in Litas and may be subscribed from the 24th of May, 2010 until the 28th of May, 2010. The notes shall be redeemed on the 28th of May, 2013.

Final Terms

AB DnB NORD Bankas Redeems World Equity Linked Notes Issue No 20, Oil Prices Linked Notes Issue No 2 and Asian Countries Equities Linked Notes Issue No 1

Mon, 10 May 2010 00:00:00 +0300

On May 10, 2010, AB DnB NORD Bankas redeems World Equity Linked Notes Issue No 20 (ISIN code LT0000403800), Oil Prices Linked Notes Issue No 2 (ISIN code LT0000403735) and Asian countries equities linked notes issue No 1 (ISIN code LT1000403792). The issues were placed under AB DnB NORD Bankas 500,000,000 Litas Medium – Term Note Programme Base Prospectus approved by the Securities Commission on January 11, 2007 (Certificate of Approval No 4R-1).

Note issue No 5/2015 placement results

Thu, 06 May 2010 00:00:00 +0300

On 5 May 2010 AB DnB NORD Bankas, completed placement of the following corporate notes' issue:

ISIN	LT0000405052
Type	Fixed Interest Notes Issue No 05/2015
Number of securities	150 000
Par	100 LTL
Aggregate nominal value	15 000 000 LTL
Effective Date	05 May 2010
Redemption	07 May 2015
Listing	The Issuer shall apply for admission to trading of this tranche on AB “NASDAQ OMX Vilnius” Stock Exchange Bond List

AB DnB NORD Bank Launches New Fixed Rate Notes Issue

Tue, 04 May 2010 00:00:00 +0300

On the 4^th of May 2010, AB DnB NORD Bankas launches a new 5-year fixed interest rate notes issue No 05/2015, with the annual interest rate of 5.00%. The issue is placed under EUR 300.000.000 Medium-term Note Programme.

The notes are denominated in Litas and may be subscribed from the 4^th of May, 2010 until the 5^th of May, 2010. The notes shall be redeemed on the 7^th of May, 2015.

Final Terms

Asian equities linked notes' issue No 6 placement result

Tue, 04 May 2010 00:00:00 +0300

On 30 April 2010, AB DnB NORD Bankas completed placement of the following corporate notes' issue:

ISIN	LT0000430993
Type	Asian Equities linked notes' issue No 6
Underlying Financial Instrument	Underlying Financial Instrument consists of Asian equities' indices as follows: KOSPI 200 Index, Hang Seng China Enterprises Index, MSCI Taiwan Index.
Number of securities	50 828
Par	100 LTL
Aggregate nominal value	5 082 800 LTL
Participation	100 pct.
Interest rate commencement	2010-05-04
Redemption	2013-05-06
Listing	This note issue will not be listed.

Preliminary result for the first quarter of 2010

Thu, 29 Apr 2010 00:00:00 +0300

According to preliminary unaudited data AB DnB NORD Bankas earned a pre-tax operating profit before provisions of LTL 33.2 million (EUR 9.6 million) in the first three months of 2010. Taking into account constrains in domestic consumption and still depressed labour market as well as evaluating the fact that the economic downturn typically affects the quality of the loan portfolio with a time lag, the bank continued to pursue a conservative customer risk valuation approach and set aside LTL 86.3 million (EUR 25.0 million) in provisions in the first quarter of the year. As a result AB DnB NORD Bankas recorded LTL 53.1 million ( EUR 15.4 million) net loss for the first quarter of the year. To ensure further balanced performance, AB DnB NORD Bankas‘ reserve capital was increased by LTL 69.1 million (EUR 20 million) in the first quarter of the year. Due to proper risk management AB DnB NORD Bankas met all prudential requirements of the Bank of Lithuania.

In the fourth quarter of 2009 AB DnB NORD Bankas‘ net loss was LTL 165.4 million (EUR 48.0 million) after making LTL 194 ( EUR 56.2 million) in special provisions.

AB DnB NORD Bankas results are calculated in accordance to International Financial Accounting Standards.

Note issue No 41 LV placement results

Tue, 13 Apr 2010 00:00:00 +0300

On 13 April 2010, AB DnB NORD Bankas completed placement of the following corporate notes' issue:

ISIN	LT1000430066
Type	World equity linked notes issue No 41-LV
Index	Index basket comprising: 50 pct. Hang Seng index, 30 pct. S&P 500 index, 20 pct. Dow Jones EURO STOXX 50 index.
Number of securities	10 000
Par	100 EUR
Aggregate nominal value	1 000 000 EUR
Participation	125 pct.
Interest rate commencement	2010-04-14
Redemption	2013-04-15
Listing	This note issue will not be listed

An application submitted for a note issue listing

Wed, 07 Apr 2010 00:00:00 +0300

On 7 April 2010 AB DnB NORD Bankas submitted an application to AB NASDAQ OMX Vilnius for listing of LTL 15,000,000 par value note issue on the exchange's Bond List.

This tranche has been issued in accordance with AB DnB NORD Bankas EUR 300,000,000 notes' issue program.

Key characteristics of the issue:

ISIN code	LT0000402489
Notes type	Zero coupon notes
Discount rate	3.55 pct. (annual)
Duration	2 years
Issue size	150 000 units
Par value	LTL 100
Total nominal value	LTL 15,000,000
Maturity date	05.03.2012

Placement results of note issues No 39 LV and No 40 LV

Fri, 02 Apr 2010 00:00:00 +0300

On March 31, 2010 AB DnB NORD Bankas completed placement of the following corporate note issues:

ISIN	LT1000430033
Type	World equity linked notes issue No 39LV
Index	Index basket comprising: 50 % Hang Seng index, 30 % S&P 500 index, 20 % Dow Jones EURO STOXX 50 index.
Number of securities	3,903
Par	100 EUR
Aggregate nominal value	390 300 EUR
Participation	45 pct.
Interest rate commencement	2010-04-01
Redemption	2013-04-02
Listing	This note issue will not be listed.

ISIN	LT1000430041
Type	World equity linked notes issue No 40LV
Index	Index basket comprising: 50 % Hang Seng index, 30 % S&P 500 index, 20 % Dow Jones EURO STOXX 50 index.
Number of securities	2,567
Par	100 EUR
Aggregate nominal value	256 700 EUR
Participation	120 pct.
Interest rate commencement	2010-04-01
Redemption	2013-04-02
Listing	This note issue will not be listed.

Regarding resolutions of the shareholder and re-election of management for a new term

Fri, 19 Mar 2010 00:00:00 +0200

On 18 March 2010 the sole shareholder of AB DnB NORD Bankas (hereinafter - the “Bank”) Bank DnB NORD A/S decided:

1. to acknowledge of 2009 Consolidated Annual Report of the Bank;
2. to approve separate and consolidated financial statements of the Bank of 2009;
3. to distribute the profit (loss) of the Bank. It was decided to transfer the amount of LTL 208.3 million (EUR 60.3 million) from the Bank's mandatory reserve and reserve capital to cover the Bank's distributable loss. It was also decided to transfer the amount of LTL 127.1 million (EUR 36.8 million) in retained loss to the next financial year;
4. to elect close stock company „Ernst & Young Baltic“ as an audit firm to perform audit of the annual financial statements of the Bank for the year 2010 and to authorize the president of the Bank to establish the other terms and conditions of the Agreement on auditing services with audit firm according to the approved by the sole shareholder remuneration amount;
5. to re-elect to the Supervisory Council for the new four-year term of office:
5.1. Thomas Stephan Buerkle;
5.2. Jekaterina Titarenko;
5.3. Margrethe Melbye Gronn;
5.4. Andris Ozolinš;
5.5. Cord Friedrich Konrad Meyer;
5.6. Torstein Hagen;
5.7. Tony Samuelsen.

On 18 March 2010 the Supervisory Council of the Bank elected Thomas Stephan Buerkle as the chairman and Torstein Hagen as the vice-chairman of the Bank's Supervisory Council. The Supervisory Council also re-elected the six-member Management Board of the Bank, i.e. Werner Heinz Schilli, dr. Vygintas Bubnys, Ramūnas Abazorius, Gundars Andžans, Fredrik Johannes Borch and Šarūnas Nedzinskas to a new four-year-term in office.

It the meeting of the Bank's Management Board held on 18 March 2010, Werner Heinz Schilli was re-elected as the chairman of the Mangement Board and as the president of the Bank. Dr. Vygintas Bubnys was re-elected as the vice-chairman of the Management Board. Dr. Vygintas Bubnys, Ramūnas Abazorius, Gundars Andžans, Fredrik Johannes Borch, Šarūnas Nedzinskas were also appointed as executive vice-presidents of the Bank.

Consolidated annual report

Audited 2009 financial statements

Fri, 19 Mar 2010 00:00:00 +0200

AB DnB NORD Bankas (hereinafter the „Bank“) presents 2009 financial statements that include audited separate and consolidated financial statements prepared in accordance with International Financial Reporting Standards and consolidated annual report assessed by the auditors.

The documents were approved by the Bank‘s sole shareholder - Bank DnB NORD AS on 18 March 2010. Due to decreased deferred tax asset amount that was changed after reviewing assumptions for its recognition, the approved Bank‘s net loss of LTL 402.6 million (EUR 116,6 million) for the full year 2009 differs from the preliminary net loss of LTL 382.6 million (EUR 110.8 million) reported on 11 February 2010. The approved LTL 431.4 milion (EUR 124.9 million ) pre-tax loss of the Bank for the full year 2009 is unchanged from the previously reported preliminary data.

Consolidated annual report

AB DnB NORD bank launches new equity linked note issue

Mon, 15 Mar 2010 00:00:00 +0200

On 15th March 2010, AB DnB NORD Bankas launches 3-year Asian equities linked note issue No 6 denominated in Litas.
Issue is placed under EUR 300.000.000 medium-term notes program.
Notes shall be subscribed from 15th March until 30th April (including), 2010. The notes shall be redeemed on 6th May, 2013.

Final Terms

Fitch Ratings revises AB DnB NORD Bankas outlook to stable, affirms ratings

Tue, 09 Mar 2010 00:00:00 +0200

On 8 March 2010 Fitch Ratings revised the outlook of AB DnB NORD Bankas to stable from negative and affirmed AB DnB NORD Bankas long-term issuer's default rating at "A", short term issuer's default rating at "F1", individual rating at "D/E" and the support rating at "1".

Placement result of note issue No 03/2012

Fri, 05 Mar 2010 00:00:00 +0200

On 5 March 2010 AB DnB NORD Bankas completed placement of the following corporate notes' issue:

ISIN	LT0000402489
Type	Zero Coupon Notes' Issue No 03/2012
Number of securities	150 000
Par	100 LTL
Aggregate nominal value	15 000 000 LTL
Placement completed	4 March 2010
Redemption	5 March 2012
Listing	The Issuer shall apply for admission to trade this tranche on AB NASDAQ OMX Vilnius Stock Exchange's Bond List.

AB DnB NORD Bank Launches New Zero Coupon Notes Issue

Wed, 03 Mar 2010 00:00:00 +0200

On the 3rd of March 2010, AB DnB NORD Bankas launches a new 2-year zero coupon notes issue No 03/2012, with the annual yield of 3.55%. The issue is placed under EUR 300.000.000 Medium-term Note Programme.

The notes are denominated in Litas and may be subscribed on the 3rd of March, 2010 only. The notes will be redeemed on the 5th of March, 2012.

Final Terms

Amendments to the by-laws registered

Fri, 26 Feb 2010 00:00:00 +0200

On 25 February 2010 the amended Bylaws of AB DnB NORD Bankas (hereinafter - the “Bank”) were registered with the Register of Legal Entities. The amended Bylaws of the Bank provide that Supervisory council of the Bank shall be comprised of seven members.

The amended wording of Article 7.1 of Chapter VII of the Bylaws of AB DnB NORD Bankas is as follows:

“7.1. The Supervisory Council of the Bank shall be a collegial supervisory body supervising the operation of the Bank. The Chairman of the Supervisory Council shall be in charge of the Supervisory Council. The General Meeting shall elect 7 Members of the Supervisory Council. At such election, every shareholder shall have the number of votes equal to the number of the votes granted by his/her shares multiplied by the number of the Supervisory Council Members to be elected. These votes shall be cast, at the shareholders' sole discretion, for one or for several candidates. The candidates who receive the greatest number of votes shall be elected. Should the number of the candidates who have received an equal number of votes be greater than the number of the vacancies on the Supervisory Council, a repeat voting shall be held, and in such voting each shareholder shall vote only for one of the candidates who have received the equal number of votes. The Supervisory Council shall be elected for the period of four years.”

The Bylaws of the Bank were amended in line with the resolution of the sole shareholder Bank DnB NORD A/S as of 17 February 2010.

AB DnB NORD Bankas group and bank interim condensed 2009 financial statements

Thu, 25 Feb 2010 00:00:00 +0200

AB DnB NORD Bankas the data is collected and stored at the Register of Legal Entities, presents unaudited group and bank interim condensed 2009 financial statements prepared in accordance with International Financial Reporting Standards and confirmed by the management.

Confirmation of responsible persons

Interim condensed financial information

Note issue No PO 1/2010 placement results

Thu, 18 Feb 2010 00:00:00 +0200

AB DnB NORD Bankas completed placement of the corporate note issue with aggregate nominal value of EUR 14.520.800. Details of placement are listed below:

ISIN	LT1000360065
Type	Zero coupon note issue No PO 1/2010
Issue type	Private
Number of securities	145.208
Par	EUR 100
Aggregate nominal value	EUR 14.520.800
Placement completed	2010-02-09
Interest rate commencement	2010-02-09
Redemption	2010-05-10
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Authorization	February 10, 2010 resolution of the board No 8
Listing	This note issue shall not be listed

Resolutions of the extraordinary general meeting of shareholders

Wed, 17 Feb 2010 00:00:00 +0200

AB DnB NORD Bankas (hereinafter - the “Bank”) notifies that the extraordinary general meeting of shareholders (hereinafter - the “Meeting”) of the Bank held on 17 February 2010 approved all draft resolutions, i.e. it was resolved to elect dr. Jekaterina Titarenko, Margrethe Melbye Gronn, Andris Ozolinš and Cord Friedrich Konrad Meyer to the Supervisory Council of the Bank. It was also resolved to reduce the number of members of the Supervisory Council to seven from eight amending the wording of article 7.1 of chapter VII of the Bank's Bylaws accordingly.

It was established that Margrethe Melbye Gronn, Andris Ozolinš and Cord Friedrich Konrad Meyer will start their office of members of the Supervisory Council after they are granted permits of Bank of Lithuania to become managers of the Bank.

Dr. Jekaterina Titarenko, Margrethe Melbye Gronn, Andris Ozolinš are representatives of Bank DnB NORD A/S and Cord Friedrich Konrad Meyer will represent NORD/LB bank in the Supervisory Council.

The newly elected members of the Supervisory Council replaced Jarle Mortensen, Juergen Machalett and Andreas Fischelscher who resigned from their positions on 17 February 2010.

Preliminary unaudited results for full year 2009

Thu, 11 Feb 2010 00:00:00 +0200

In the severe economic environment characterized by a sharp decline of the country's gross domestic product, increased number of corporate bankruptcies that negatively affected labor market and disposable household incomes, AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities earned a pre-tax operating profit before provisions of LTL 253.3 million (EUR 73.4 million) in full year 2009, according to preliminary data calculated in accordance to International Financial Reporting Standards. With customer risks remaining high throughout the year, AB DnB NORD Bankas pursued conservative risk valuation policy and set aside LTL 684.7 million (EUR 198.3 million) in special provisions in 2009. As a result AB DnB NORD Bankas recorded a LTL 382.6 million (EUR 110.8 million) net loss in full year 2009.

AB DnB NORD Bankas pre-tax operating profit before provisions was LTL 179 million (EUR 51,8 million) in 2008 and its net profit was LTL 70.7 million (EUR 20.5 million) in that period.

To ensure balanced performance of the bank in the adverse economic environment, AB DnB NORD Bankas share capital has been increased to LTL 656.7 million (EUR 190.2 million) and the bank's largest shareholder Bank DnB NORD A/S invested LTL 189.9 million (EUR 55 million) to the bank's reserve capital in 2009. AB DnB NORD Bankas met all prudential requirements of Bank of Lithuania and maintained sound capital and liquidity positions throughout 2009.

“With customer risks remaining high due to severe economic contraction we concentrated on credit risk management establishing the structures and processes needed to minimize the risks and intense credit monitoring and restructuring efforts brought about some stabilization in the bank's mortgage credit and leasing portfolios. The focus on operating efficiency through streamlining measures, strict cost control and the ability to exploit emerging business opportunities in the recession-stricken economy helped us to sustain growing income trend that eased the negative impact of the increased risk costs on the full year 2009 result. I am particularly pleased that our efforts to continue building up long-term relationships resulted in sustained growth of number of the individual and corporate customers who increasingly choose us as their home bank,” said Werner Schilli, president and the chairman of the management board of AB DnB NORD Bankas.

Supported by particularly strong commission income from intermediation in trading with securities and derivatives and foreign currency, AB DnB NORD Bankas total income rose 15.9 percent year-on-year to LTL 431.4 million (EUR 124.9 million) in 2009. Through streamlining measures the bank's operating expenses were reduced 10.0 percent year-on-year to LTL 161.0 (EUR 46.4 million) million. The constant focus on operating efficiency and productivity resulted in a cost/income ratio of 38.9 percent,the bank's best ever so far.

In 2009 AB DnB NORD Bankas signed LTL 969 million (EUR 280.6 million) worth of new loan agreements, however with credit demand declining and a smaller number of projects that met credit risk criteria in the adverse economic environment, the bank's individual customer net loan portfolio decreased 7.0 percent year-on-year to LTL 4.8 billion (EUR 1.4 billion) while the net loan portfolio to legal entities decreased 9.6 percent year-on-year to LTL 5.5 billion (EUR 1.6 billion).

Customers' savings and investments at AB DnB NORD Bankas stood at LTL 4.2 billion (EUR 1.2 billion) as at the end of December 2009, of which issued debt securities amounted to LTL 0.8 billion ( EUR 0.23 billion) and customers' deposits made LTL 3.4 (EUR 0.98 billion) billion as the Bank offered an attractive investment option to institutional and private investors placing fixed rate one year government bonds worth LTL 1.11 billion (EUR 322.4 million) at par on the secondary market during the year.

The number of AB DnB NORD Bankas customers rose by 47 thousand in 2009 and the bank provided comprehensive range of financial services to 671 thousand individual and corporate customers as at the end of December. To ensure appropriate service level AB DnB NORD Bankas measured the fulfillment of its Customer Service and Sales Standards and the delivery of the newly introduced Financial Guide client promise with the latest Mystery Shopping Survey carried out in December 2009 recording the bank achieved its best result so far also topping the strategic target for the year.

Squeeze-out procedure completed

Tue, 02 Feb 2010 00:00:00 +0200

AB DnB NORD Bankas notifies that after the account managers have implemented the decision of the Second District Court of Vilnius City dated 17 December 2009 regarding the transfer of ownership rights to 4,371 shares of AB DnB NORD Bankas to Bank DnB NORD A/S, Bank DnB NORD A/S completed the squeeze-out procedure of AB DnB NORD Bankas shares on 1 February 2010 and became the sole shareholder of AB DnB NORD Bankas having 100 percent ownership of shares and votes in AB DnB NORD Bankas.

Draft resolutions of the extraordinary general meeting of shareholders

Wed, 27 Jan 2010 00:00:00 +0200

Considering resignation of Mr. Jarle Mortensen, Mr. Juergen Machalett and Mr. Andreas Fischelscher from the office of members of the Supervisory Council of AB DnB NORD Bankas (hereinafter - the “Bank”) as of 17 February 2010, at the extraordinary general meeting of shareholders (hereinafter – the “Meeting”) of the Bank to be held on 17 February 2010 at 10.00 a.m. at the registered office of the Bank, address J. Basanavičiaus St. 26, Vilnius, in the hall of the sixth floor, the shareholders will be offered to approve the following resolutions:

1. Considering resignation of Mr. Viktoras Valentukevičius, Mr. Antanas Juozas Zabulis, Mr. Jarle Mortensen, Mr. Juergen Machalett and Mr. Andreas Fischelscher from the office of members of the Supervisory Council of the Bank, to elect Ms. Jekaterina Titarenko, Ms. Margrethe Melbye Gronn, Mr. Andris Ozolins and Mr. Cord Meyer to the Supervisory Council of the Bank until expiry of the term of office of the current Supervisory Council.

2. To establish that the newly elected members of the Supervisory Council Ms. Margrethe Melbye Gronn, Mr. Andris Ozolins and Mr. Cord Meyer will start the office following the receipt of the permissions from the Bank of Lithuania to become managers of the Bank.

3. To amend the wording of Article 7.1 of Chapter VII of the Bylaws of AB DnB NORD Bankas as follows:
“7.1. The Supervisory Council of the Bank shall be a collegial supervisory body supervising the operation of the Bank. The Chairman of the Supervisory Council shall be in charge of the Supervisory Council. The General Meeting shall elect 7 Members of the Supervisory Council. At such election, every shareholder shall have the number of votes equal to the number of the votes granted by his/her shares multiplied by the number of the Supervisory Council Members to be elected. These votes shall be cast, at the shareholders’ sole discretion, for one or for several candidates. The candidates who receive the greatest number of votes shall be elected. Should the number of the candidates who have received an equal number of votes be greater than the number of the vacancies on the Supervisory Council, a repeat voting shall be held, and in such voting each shareholder shall vote only for one of the candidates who have received the equal number of votes. The Supervisory Council shall be elected for the period of four years.”

4. To authorize the President of the Bank to sign the amended Bylaws of the Bank.

The accounting day of the Meeting shall be 8 February 2010.

Overall number of shares of the Bank as of the day of convocation of the Meeting shall be 5 710 134 ordinary registered shares. Number of shares providing vote in the Meeting as of the day of convocation of the Meeting shall be 5 710 134.

The documents related to the convening and agenda of the Meeting, draft resolutions on each agenda issue, documents to be submitted to the Meeting, voting ballot form and other information related to exercising of the shareholder's rights are available for the shareholders at the head office of the Bank at J.Basanavičiaus St. 26, Vilnius, (tel. +370 5 2393 748), during business hours and on the Bank's website http://www.dnbnord.lt.

Voting ballot

Ramūnas Abazorius elected to the Management Board

Tue, 26 Jan 2010 00:00:00 +0200

The Supervisory Council of AB DnB NORD Bankas has elected Ramūnas Abazorius (born 1973) as a member of the Management Board of the Bank. He will start his office on 1 February 2010.

In the six-member Management Board of AB DnB NORD Bankas R. Abazorius will be responsible for accounting, accountability and controlling. In this position he will replace Dr. Jekaterina Titarenko who was appointed as Chief Financial Officer of Bank DnB NORD Group on 4 December 2009.

R. Abazorius has been working at the Bank since 1994. He worked as a manager of the Assets and Liabilities Management and Credit Risk units and since 2004 was appointed to the position of the manager of the Bank's Controlling Department.
R. Abazorius graduated from Vilnius University, he holds a master degree in economics.

R. Abazorius has two shares in AB DnB NORD Bankas.

Regarding convocation of extraordinary general meeting of shareholders

Fri, 15 Jan 2010 00:00:00 +0200

On 17 February 2010 at 10.00 a.m. the extraordinary general meeting of shareholders of AB DnB NORD Bankas,company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data about the company is collected and stored at the Register of Legal Entities,(hereinafter - the „Meeting“, the “Bank”) shall be convened.

The Meeting is convened on the initiative and by the resolution of the Management Board of the Bank. The Meeting shall take place at the registered office of the Bank, address J. Basanavičiaus St. 26, Vilnius, in the hall of the sixth floor. The persons who were shareholders of the Bank at the end of the Meeting accounting day shall have the right to participate in the Meeting.

The accounting day of the Meeting shall be 8 February 2010.

The agenda of the Meeting:
1. election of the members of the Supervisory Council;
2. approval of the amendments of the Bylaws of the Bank.

The Bank shall not provide the possibility to participate and vote in the Meeting through electronic communication channels.

Each shareholder holding shares that grant at least 1/20 of all votes shall have the right of proposing to supplement the agenda of the Meeting by providing the Meeting draft resolution on each additionally proposed issue or, in case no resolution is required - the shareholder's explanation. The proposal to supplement the agenda shall be submitted through electronic communication channels (e-mail: andrius.vilkancas@dnbnord.lt) or in writing by sending it to the below indicated Bank‘s Head Office address by registered mail or handed against signature. The agenda is supplemented with the issue proposed by the shareholder in case the proposal is received in the Bank no later than 14 days before the Meeting.

Each shareholder holding shares that grant at least 1/20 of all votes shall have the right of proposing draft resolutions on the issues already included or to be included in the agenda of the Meeting, extra candidates to members of the Bank's managerial body any time until the Meeting day. The proposed draft resolutions shall be submitted through electronic communication channels (e-mail: andrius.vilkancas@dnbnord.lt) or in writing by sending it to the below indicated Bank‘s Head Office address by registered mail or handed against signature. The shareholders shall also be entitled to propose draft resolutions on the Meeting agenda issues in writing during the Meeting.

The shareholders shall have the right to submit questions related to the Meeting agenda issues in advance to the Bank through electronic communication channels (e-mail: andrius.vilkancas@dnbnord.lt) no later than 3 business days until the Meeting.

Each shareholder (or his/her authorised person) attending the Meeting and having the voting right shall submit an identity document. Each shareholder shall also have the right to authorise another person (natural or legal) to participate and vote in the Meeting on his/her behalf following the procedure established by the laws. The representative shall have the same rights in the Meeting as would the represented shareholder unless the representative's rights are limited by the power of attorney or by the laws. Before commencing registration of the Meeting the authorised person must submit the power of attorney approved following the procedure set by the laws. The power of attorney issued abroad must be translated into the Lithuanian language and legalised following the procedure set by the laws.

Each shareholder shall also have the right to authorise another person (natural or legal) to participate and vote in the Meeting on his/her behalf through electronic communication channels. The power of attorney issued through electronic communication channels must be confirmed by the shareholder by a safe electronic signature developed by safe signature equipment and approved by a qualified certificate effective in the Republic of Lithuania. The shareholder shall inform the Bank on the power of attorney issued through electronic communication channels by e-mail to zygimantas.stankevicius@dnbnord.lt no later than 2 business days before the meeting. The power of attorney and notification shall be issued in writing in the Lithuanian or English language. The shareholder‘s notification shall be presented along with signature verification software or a website address for free download thereof.

Each shareholder or representative thereof shall have the right to cast his/her vote in advance in writing by filling in a ballot paper. The ballot paper shall be announced in the Bank's below indicated website no later than 21 days before the Meeting. Upon the shareholder‘s request, the Bank no later than 10 days before the Meeting shall send a ballot paper by registered mail free of charge or hand it in person against signature. The ballot paper filled shall be signed by the shareholder or his/her representative. In case the ballot paper is signed by the shareholder‘s authorised representative, such person along with the filled ballot paper shall submit the document to confirm the voting right corresponding to the requirements set by the laws. The ballot paper filled and the document confirming the voting right (if required) shall be submitted in a written form to the Bank's below indicated head office address by registered mail or by handing against signature no later than on the last business day before the Meeting.

The documents related to the convening and agenda of the Meeting, draft resolutions on each agenda issue, documents to be submitted to the Meeting, voting ballot form and other information related to exercising of the shareholder's rights will be available for the shareholders at the head office of the Bank at J.Basanavičiaus St. 26, Vilnius, (tel. +370 5 2393 748), during business hours and on the Bank's website www.dnbnord.lt.

Regarding the decision to establish the fact of juridical significance

Fri, 18 Dec 2009 00:00:00 +0200

AB DnB NORD Bankas notifies that on 17 December 2009 the Second District Court of Vilnius City satisfied the application of Bank DnB NORD A/S to establish the fact of juridical significance regarding the transfer of ownership rights to 4 371 shares of AB DnB NORD Bankas to Bank DnB NORD A/S.

Placement results of Asian equities linked note issues No 4 and No 5

Thu, 17 Dec 2009 00:00:00 +0200

On December 16, 2009 AB DnB NORD Bankas completed placement of the following corporate note issues:

ISIN	LT1000430009
Type	Asian Equities linked notes issue No 4
Underlying Financial Instrument	Underlying Financial Instrument consists of Asian equities indices as follows: KOSPI 200 Index, Hang Seng China Enterprises Index, MSCI Taiwan Index.
Number of securities	2,018
Par	100 EUR
Aggregate nominal value	201,800 EUR
Participation	100 pct.
Interest rate commencement	2009-12-18
Redemption	2012-12-19
Listing	This note issue will not be listed.

ISIN	LT0000430910
Type	Asian Equities linked notes issue No 5
Underlying Financial Instrument	Underlying Financial Instrument consists of Asian equities indices as follows: KOSPI 200 Index, Hang Seng China Enterprises Index, MSCI Taiwan Index.
Number of securities	42,673
Par	100 LTL
Aggregate nominal value	4,267,300 LTL
Participation	100 pct.
Interest rate commencement	2009-12-18
Redemption	2012-12-19
Listing	This note issue will not be listed.

Regarding the increase of the reserve capital

Tue, 15 Dec 2009 00:00:00 +0200

AB DnB NORD Bankas notifies that the Bank's reserve capital was raised by EUR 30 million (LTL 103.6 million). The Bank's reserve capital was increased by monetary contribution of the Bank's largest shareholder Bank DnB NORD A/S and aimed at further consistent strengthening of the Bank's capital base.

DnB NORD Bankas successfully co-leads Societe Generale note placement

Mon, 30 Nov 2009 00:00:00 +0200

AB DnB NORD Bankas, Lithuania‘s leading investment service provider, together with Societe Generale Corporate and Investment Bank, successfully placed French bank Societe Generale Latvian Lat denominated notes. This 15 mln. Lat tranche is the biggest non-government Lat denominated bond issue this year.

During the placement, demand for these one year 13.5% notes exceeded the supply by 40%.

„We are pleased that Societe Generale has mandated DnB NORD Bank that has strong presence in the Baltic debt markets to co-lead its note issue.“, said Andrius Načajus, head of Investment Banking at DnB NORD Bankas.

AB DnB NORD Bankas will provide secondary liquidity for these notes.

This year AB DnB NORD Bankas, together with Citi, HSBC, RBS and CrediSuisse, has co-led 500 mln EUR and 1.5 bln USD international placements of Lithuanian Government bonds. The bank has also solely underwrote 12 euro denominated and three Estonian kroon denominated tranches of Lithuanian Government notes with total nominal value of 270 mln. EUR.

AB DnB NORD Bank has issued 108 tranches of equity linked notes, 13 of which has been placed in Latvia. Bank‘s debt instruments are being traded on Vilnius and Riga stock exchanges.

AB DnB NORD bank launches new equity linked note issues

Mon, 30 Nov 2009 00:00:00 +0200

On 30th November 2009, AB DnB NORD Bankas launches 3-year Asian equities linked note issue No 4 denominated in EUR and 3-year Asian equities linked note issue No 5 denominated in Litas.

Issues are placed under EUR 300.000.000 medium-term notes program.

Notes shall be subscribed from 30th November until 16th December (including), 2009. The notes shall be redeemed on 19th December, 2012.

Final Terms of the issue No 4

Final Terms of the issue No 5

AB DnB NORD Bankas group and bank interim condensed financial information for nine months of 2009

Fri, 27 Nov 2009 00:00:00 +0200

AB DnB NORD Bankas presents unaudited group and bank interim condensed financial information for the first three quarters of 2009 prepared in accordance with International Financial Reporting Standards and confirmed by the management.

Attachments:

interim condensed financial information 30 09 2009 ifrs eng.pdf
ab dnb nord bankas interim confirmation of responsible persons eng 30 09 2009.pdf

Dr. J.Titarenko appointed as Chief Financial Officer of Bank DnB NORD Group

Tue, 24 Nov 2009 00:00:00 +0200

AB DnB NORD Bankas, notifies that on 24 November 2009, the member of the Management Board and Executive Vice-president of AB DnB NORD Bankas dr. Jekaterina Titarenko has been appointed as Chief Financial Officer of Bank DnB NORD Group. She will also be a member of Bank DnB NORD Group Executive Committee. Following the appointment that comes into effect from 4 December 2009, dr Jekaterina Titarenko will resign from her position of member of the Management Board and Executive Vice-president of AB DnB NORD Bankas in Lithuania.

Dr. Jekaterina Titarenko has been working in AB DnB NORD Bankas since 2003. Before joining AB DnB NORD Bankas Management Board in 2007, she was the Head of AB DnB NORD Bankas Financial Risk Department. Jekaterina Titarenko is a Doctor of Social Sciences. Prior to joining AB DnB NORD Bankas, she spent seven years working in the Credit Institutions Supervision Department of the Bank of Lithuania.

Regarding changes on AB DnB NORD Bankas Supervisory Council

Mon, 23 Nov 2009 00:00:00 +0200

AB DnB NORD Bankas,company notifies that members of AB DnB NORD Bankas Supervisory Council Antanas Juozas Zabulis and Viktoras Valentukevičius have resigned from their duties of members of the Supervisory Council of AB DnB NORD Bankas from 23 November 2009 due to the intended optimization of structure of AB DnB NORD Bankas Supervisory Council.

Andrius Vilkancas
Press Officer
tel. +370 5 239 3413

Placement results of world equity linked note issues No 37 and No 38

Thu, 12 Nov 2009 00:00:00 +0200

On 9 November 2009 AB DnB NORD Bankas completed placement of the following corporate note issues:

ISIN	LT0000430878
Type	World equity linked notes' issue No 37
Index	Index basket comprising: 25 proc. Dow Jones EURO STOXX 50, 25 proc. Nikkei 225 Stock Average, 25 proc. Hang Seng, 25 proc. S&P 500.
Number of securities	1,120
Par	100 LTL
Aggregate nominal value	112,000 LTL
Participation	180 pct.
Interest rate commencement	2009-11-11
Redemption	2012-11-12
Listing	This note issue will not be listed.

ISIN	LT1000403972
Type	World equity linked notes'issue No 38
Index	Index basket comprising: 25 proc. Dow Jones EURO STOXX 50, 25 proc. Nikkei 225 Stock Average, 25 proc. Hang Seng, 25 proc. S&P 500.
Number of securities	2,267
Par	100 EUR
Aggregate nominal value	226 700 EUR
Participation	65 pct.
Interest rate commencement	2009-11-11
Redemption	2012-11-12
Listing	This note issue will not be listed.

An application submitted for a note issue listing

Wed, 28 Oct 2009 00:00:00 +0200

On 27 October 2009, submitted an application to NASDAQ OMX Riga for listing of LVL 12,281,000 par value notes' issue on the the NASDAQ OMX Riga Bond List.

This tranche has been issued in accordance with AB DnB NORD Bankas EUR 300,000,000 medium-term notes'programme No 4R-16.

Key characteristics of the issue:

ISIN code	LV0000800811
Notes type	Zero coupon notes
Discount rate	14.70 pct. (annual)
Duration	6 months
Issue size	12,281 units
Par value	LVL 1,000
Total nominal value	LVL 12,281,000
Maturity date	23.04.2010

Placement results of zero coupon notes' issue No 4/2009

Mon, 26 Oct 2009 00:00:00 +0200

On 22 October 2009 AB DnB NORD Bankas completed placement of the following corporate notes' issue:

ISIN	LV0000800811
Type	Zero coupon notes' issue No 4/2009
Number of securities	12 281
Par	1000 LVL
Aggregate nominal value	12 281 000 LVL
Effective date	23 October 2009
Redemption	23 April 2010
Listing	The Issuer shall apply for admission to trading of this tranche on AB NASDAQ OMX Riga Stock Exchange Bond List

AB DnB NORD bank launches new note issue

Mon, 19 Oct 2009 00:00:00 +0300

On 19th of October 2009, Bankas launches a new zero coupon notes issue No 4/2009. The issue is placed under EUR 300.000.000 Medium-term Note Programme registered with the Securities Commission of the Republic Lithuania on the 1st of October, 2009.
Notes shall be subscribed from 12:00 a.m. 19th of October, 2009 to 4:00 p.m. 22nd of October, 2009. The notes will be redeemed on 23rd of April, 2010.

Final terms

Note issue No 35-LV and No 36-LV placement results

Fri, 16 Oct 2009 00:00:00 +0300

On 15 October 2009, AB DnB NORD Bankas completed placements of two corporate note issues, both issued within the framework of the Base Prospectus of EUR 300,000,000 Medium-Term Notes Program of AB DnB NORD Bankas (registration No 4R-16).

Details of placement:

ISIN	LV0000800795
Type	World equity linked notes issue No 35-LV
Index	Index basket comprising:
	25 pct. Dow Jones EURO STOXX 50
	25 pct. Nikkei 225 Stock Average
	25 pct. Hang Seng
	25 pct. S&P 500
Number of securities	2836
Par	100 EUR
Aggregate nominal value	283600 EUR
Participation	40%
Interest rate commencement	19-10-2009
Redemption	22-10-2012
Listing	Issue will not be listed

ISIN	LV0000800803
Type	World equity linked notes issue No 36-LV
Index	Index basket comprising:
	25 pct. Dow Jones EURO STOXX 50
	25 pct. Nikkei 225 Stock Average
	25 pct. Hang Seng
	25 pct. S&P 500
Number of securities	7452
Par	100 EUR
Aggregate nominal value	745200 EUR
Participation	70%
Interest rate commencement	19-10-2009
Redemption	22-10-2012
Listing	Issue will not be listed

DnB NORD Bankas starts placement of two new equity linked note issues

Mon, 12 Oct 2009 00:00:00 +0300

On 12 October, AB DnB NORD Bankas, a leader of Lithuania’s structured investment product market, starts placement of two new issues of 3-year Litas and Euro-denominated notes their returns linked to stock indices of the world’s most advanced economies. The notes are intended for a wide range of investors seeking for yields similar to those of stocks without a risk to loose the invested principal amount.

Returns of both newly issued AB DnB NORD Bankas note issues will be linked to Europe’s Dow Jones EURO STOXX 50, Japan’s NIKKEI 225 Stock Average, Hong Kong and China’s Hang Seng and US S&P 500 - each index equally represented in the portfolio.

AB DnB NORD Bankas has set 180 percent participation rate for the newly issued Litas-denominated notes, whereas for Euro-denominated securities the participation rate has been set at 60 percent. The rate defines what percentage of the calculated equity index gain is to be received by the holder of the securities.

The notes shall mature on 12 November 2012. As the markets may rise or fall AB DnB NORD Bankas extends guarantees that at the maturity the principal investment amount will be repaid to the note holder, shall the calculated index portfolio value falls below the initial. The notes can be sold prior to maturity at market prices.

Customers will be offered to purchase the new AB DnB NORD Bankas notes until 9 November (inclusive). The minimum investment amount has been set at LTL 3,000 and EUR 900.

AB DnB NORD Bankas notes are placed according to Base Prospectus of EUR 300,000,000 Medium-Term Note Programme.

AB DnB NORD Bankas is a universal commercial bank that provides comprehensive range of banking services to individual and corporate customers. The bank is part of Denmark-based DnB NORD banking group which was established by the Norway’s largest bank DnB NOR ASA and North Germany’s largest bank Norddeutsche Landesbank Girozentrale (NORD/LB).

AB DnB NORD Bankas to launch new equity linked note issues

Thu, 08 Oct 2009 00:00:00 +0300

On 12th of October 2009, AB DnB NORD Bankas will launch 3-year World equity linked note issue No 37 denominated in Litas and 3-year World equity linked note issue No 38 denominated in EUR.
Issues are placed under EUR 300.000.000 medium-term notes program.
Notes shall be subscribed from 12th October until 09th November (including), 2009. The notes shall be redeemed on 12th November, 2012.

Final Terms of the issue No 37

Final Terms of the issue No 38

An application submitted for a note issue listing

Wed, 07 Oct 2009 00:00:00 +0300

On 7 October 2009, AB DnB NORD Bankas submitted an application to AB NASDAQ OMX Vilnius for listing of LTL 23,642,600 par value notes on the stock exchange's Bond List.
This tranche has been issued in accordance with AB DnB NORD Bankas EUR 300,000,000 notes' issue programme.
Key characteristics of the issue:

ISIN code	LT0000410094
Notes type	zero coupon notes
Discount rate	8.20 pct. (annual)
Duration	1 year
Issue size	236,426 units
Par value	LTL 100
Total nominal value	LTL 23,642,600
Maturity date	05.10.2010

Base Prospectus of 300.000.000 EUR Medium-Term Note Programme approved

Tue, 06 Oct 2009 00:00:00 +0300

On 1 October 2009, the Securities Commission of the Republic of Lithuania approved AB DnB NORD Bankas,company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities, Base Prospectus of EUR 300,000,000 Medium-Term Note Programme (certificate number 4R-16).

Prospectus

Note issue No PO 12/2009 placement results

Mon, 05 Oct 2009 00:00:00 +0300

AB DnB NORD Bankas, completed placement of the corporate notes' issue with aggregate nominal value of 10,483,200 litas (LTL).
Details of placement are listed below:

ISIN	LT0000380032
Type	Zero coupon notes' issue No PO 12/2009
Number of securities	104,832
Par	100 LTL
Aggregate nominal value	10,483,200 LTL
Placement completed	2009-09-30
Interest rate commencement	2009-10-01
Redemption	2010-05-12
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Placement	Private
Authorization	18 December 2007 resolution of the management board No 75-18
Listing	This note issue shall not be listed.

Zero coupon notes issue No 3/2009 placement results

Mon, 05 Oct 2009 00:00:00 +0300

On 1 October 2009, AB DnB NORD Bankas completed placement of the following corporate notes' issue:

ISIN	LT0000410094
Type	Zero Coupon Notes Issue No 3/2009
Issue type	Private placement
Number of securities	236,426
Par	100 LTL
Aggregate nominal value	23,642,600 LTL
Effective Date	2 October, 2009
Redemption	5 October, 2010
Listing	The Issuer shall apply for admission to trading of this tranche on AB NASDAQ OMX Vilnius Stock Exchange's Bond List.

AB DnB NORD Bank Launches New Notes Issue

Mon, 28 Sep 2009 00:00:00 +0300

On 28th of September 2009, AB DnB NORD Bankas launches a new 1-year zero coupon notes issue No3/2009. The issue is placed under EUR 300.000.000 Medium-term Note Programme.

The notes are denominated in Litas and shall be subscribed from the 28th of September, 2009 until the 1st of October, 2009 (including). The notes will be redeemed on the 5th of October, 2010.

Final Terms

AB DnB NORD Bankas Redeems Fixed Rate Notes Issue No 5/2008 and 3-Year Fixed Rate Notes Issue

Mon, 28 Sep 2009 00:00:00 +0300

On September 28, 2009, AB DnB NORD Bankas redeems Fixed Rate Notes Issue No 5/2008 (ISIN code- LT0000401689). The issue was placed under AB DnB NORD Bankas 1‘250‘000‘000 Litas Medium term Programme Base Prospectus approved by the Securities Commission on October 04, 2007 (Certificate of Approval No 4R-29, 4R-30). Thel 3-year Fixed Rate Notes Issue (ISIN code- LT0000403388) is redeemed as well. The issue was placed under AB DnB NORD Bankas 170‘000‘000 Litas Fixed Rate Programme Base Prospectus aprroved by the Securities Commission on October, 2005.

Note issue No PO 11/2009 placement results

Fri, 11 Sep 2009 00:00:00 +0300

AB DnB NORD Bankas completed placement of the corporate notes' issue with aggregate nominal value of LTL 5 091 000.

Details of placement are listed below:

ISIN	LT0000330649
Type	Zero coupon notes' issue No PO 11/2009
Number of securities	50910
Par	100 LTL
Aggregate nominal value	5091000 LTL
Placement completed	2009-09-08
Interest rate commencement	2009-09-08
Redemption	2009-12-08
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Placement	Private
Authorization	December 18, 2007 resolution of the management board No 75 - 18
Listing	This note issue will not be listed

Šarūnas Nedzinskas elected to AB DnB NORD Bankas Management Board

Thu, 10 Sep 2009 00:00:00 +0300

The Supervisory Council of AB DnB NORD Bankas on 8 September 2009 elected Šarūnas Nedzinskas as a member of the bank‘s Management Board. On the six-member Management Board Šarūnas Nedzinskas (born 1968) will be in charge of further development of the bank's retail business.

Šarūnas Nedzinskas has been working in AB DnB NORD Bankas since September 2008 as the advisor to the president of the bank. Prior to taking his job in AB DnB NORD bankas he worked in Finasta bank, was a member of the management board of the insurance company Lietuvos Draudimas. Šarūnas Nedzinskas is an economist, a graduate of Vilnius University and also holds a Master of Business Administration in Baltic Management Institute.

Šarūnas Nedzinskas has no shareholdings in AB DnB NORD Bankas.

Note issue DnB NORD EEK1 placement results

Fri, 04 Sep 2009 00:00:00 +0300

Details of placement are listed below:

ISIN	LT1000401273
Type	Zero coupon notes' issue DnB NORD EEK1
Issue type	Private placement
Number of securities	50
Par	1 000 000 EEK
Aggregate nominal value	50 000 000 EEK
Placement completed	2009-09-01
Interest rate commencement	2009-09-03
Redemption	2010-09-03
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Authorization	December 18, 2007 resolution of the management board No 75 - 18
Listing	This note issue will not be listed

Amended Bylaws of AB DnB NORD Bankas registered

Fri, 21 Aug 2009 00:00:00 +0300

On 20 August 2009 the amended Bylaws of AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius,the data is collected and stored at the Register of Legal Entities, (hereinafter - the “Bank”) were registered with the Register of Legal Entities.

The amended Bylaws of the Bank provide that the authorized share capital of the Bank is LTL 656,665,410 (six hundred fifty six million six hundred sixty five thousand four hundred and ten litas) and is divided into 5,710,134 (five million seven hundred and ten thousand one hundred thirty four) ordinary registered shares with LTL 115 (one hundred and fifteen litas) par value each.

The Articles 8.9 of Section VIII of the Bylaws were also amended with respect to change of the method of adopting decisions of the Board: the decision of the Board shall be adopted if more than a half of elected Board members vote for it are received.

The Bylaws of the Bank were amended in line with the resolution of the ordinary general meeting of shareholders as of 30 March 2009.

Note issue No PO 09/2009 placement results

Mon, 17 Aug 2009 00:00:00 +0300

AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities, completed placement of the corporate note issue with aggregate nominal value of EUR 14,627,200.

Details of placement are listed below:

ISIN	LT1000360065
Type	Zero coupon notes No PO 9/2009
Issue type	Private placement
Number of securities	146,272
Par	EUR 100
Aggregate nominal value	EUR 14,627,200
Placement completed	2009-08-13
Interest rate commencement	2009-08-13
Redemption	2010-02-09
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Authorization	December 18,2007 resolution of the management board No 75-18
Listing	This note issue shall not be listed.

Note issue No PO 08/2009 placement results

Tue, 11 Aug 2009 00:00:00 +0300

AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities, completed placement of the corporate note issue, with aggregate nominal value of LTL 5,000,000.

Details of placement are listed below:

ISIN	LT0000330631
Type	Zero coupon note issue No PO 8/2009
Issue type	private
Number of securities	50,000
Par	LTL 100
Aggregate nominal value	LTL 5,000,000
Placement completed	2009-08-07
Interest rate commencement	2009-08-07
Redemption	2009-11-05
Status	Unsubordinated, unguaranteed and non-convertible
Collateral	Without collateral
Authorization	December 18,2007 resolution of the management board No 75-18
Listing	This note issue shall not be listed.

Regarding the ending of squeeze-out of the shares of AB DnB NORD Bankas

Thu, 23 Jul 2009 00:00:00 +0300

AB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities, (herinafter - the Bank) notifies, that the squeeze-out of shares of AB DnB NORD Bankas ended on 21 July 2009. During the squeeze-out the largest shareholder of the bank, Bank DnB NORD A/S, acquired 3,656 ordinary registered shares of AB DnB NORD Bankas and increased its number of shares and voting rights in the Bank up to 99.91 percent.

Acting in accordance with Part 11 of Article 37 of the Law on Securities of the Republic of Lithuania, Bank DnB NORD A/S has made a transfer of funds to the special deposit account in favor of shareholders who have failed to sell their shares, and on 22 July 2009 Bank DnB NORD A/S applied to the court asking to oblige the account managers to make records in securities accounts on transfer of ownership of the shares to Bank DnB NORD A/S from the shareholders who have failed to sell their shares during the implementation of squeeze-out.