Vilnius, Lithuania, 2014-04-09 15:39 CEST (GLOBE NEWSWIRE) --
On the 8th of April 2014 the Supreme Administrative Court of Lithuania adopted a
decision whereby the decision of Vilnius Regional Administrative Court was
changed by cancelling the fine imposed on AB SEB bankas by the Competition
Council of the Republic of Lithuania on the 20th of December 2012 for
agreements which restricted competition in cash-in-transit (CIT) and cash
handling services' markets and returning the case to the Competition Council
for the additional investigation. This notification is non-confidential.
Jonas Iržikevičius, Vice President of AB SEB bankas, Head of Business Support
Division and Chief Financial Officer.
9 April 2014, Vilnius
Arvydas Žilinskas, the Head of Media Relations of AB SEB bankas, tel.
+370 5 268 1198, is authorized to provide additional information regarding the
material event.