2012-03-06
The Board of the Bank of Lithuania gave green light to AB DnB NORD bank to register amendments to the provisions of its Statute, related to the bank's name and competence of its Supervisory Council, which were approved on 19 September 2011 by Norwegian bank DnB NOR Bank ASA, the sole owner of the bank.
Also, the Board decided to change the banking license issued to AB DnB NORD on 13 September 1993 by the banking license which will contain the new name of the bank, AB DNB bankas. The said decision will come into force on the day the amendments to the Statute of AB DnB NORD bank are registered with the Register of Legal Entities.
In its notice to the Bank of Lithuania, AB DnB NORD bank said amendments to the provisions in its Statute, which are related with the bank’s name, had to be done because of the change of names within the entire DnB NOR ASA group. The bank said the decisions taken were planned to be implemented by 11 November 2011.
Other amendments to the bank’s Statute were made to harmonise the Statute’s provisions with the currently effective legal acts.