Šiaulių Bankas and Invalda INVL have successfully completed the merger of their retail businesses. Effective 1 December 2023, Šiaulių Bankas Group will take over the management of II pillar and III pillar pension funds and retail investment funds, expanding the range of investment options available to clients. Additionally, the Group will introduce a revamped suite of life insurance products. Invalda INVL will become the largest shareholder of Šiaulių Bankas when the transaction is finalised.
MoreINVL Baltic Sea Growth Fund, the leading private equity fund in the Baltics, today announces the signing of an agreement for the acquisition of 100% of the shares of Galinta Group. Galinta Group is one of the largest producers of buckwheat in Europe as well as one of the leading producers and traders of flakes, rice, and other groats in the Baltic region.
MoreThe European Central Bank (ECB) has permitted Invalda INVL, the leading Baltic investment management and life insurance group, to acquire from 10% to 20% of the shares of Šiaulių Bankas.
MoreMoldova-Agroindbank (maib), Moldova’s largest commercial bank, of which the leading Baltic investment management and life insurance group Invalda INVL is a shareholder, had an unaudited net profit of 958 million Moldovan leu (MDL) (EUR 50 million) in the first nine months of this year, which is 14.3 % more than in the same period last year.
MoreThe INVL Renewable Energy Fund I, which is managed by INVL Asset Management and invests in renewable energy projects, signed an agreement with Kommunalkredit Austria AG (Kommunalkredit) on a loan of EUR 25 million. The proceeds of the loan will be used to finance the construction of solar power plants with 51 megawatts (MW) capacity in Romania.
MoreThe INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltics, is further investing in building a network of veterinary clinics. The fund’s portfolio company MiniVet has acquired the Wellvet veterinary chain which operates in Lithuania, with clinics in Marijampolė, Kėdainiai and Kazlų Rūda.
MoreINVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic States, together with its portfolio company Eco Baltia, the largest environmental resource management and recycling group in the Baltics, has closed an agreement for the acquisition of 70% of the shares in Metal-Plast. Metal-Plast is the largest recycler of PVC window and door profiles in Poland.
MoreMundus Bridge Finance, a private debt fund of INVL, the leading investment management and life insurance group in the Baltics, is changing its name to INVL Bridge Finance. The new…
MoreAs of 1 December the open-ended harmonised investment fund INVL Baltic Fund and the INVL Emerging Europe Bond Sub-Fund of the harmonised investment fund INVL Umbrella Fund will be removed from the Fund List of the Nasdaq Vilnius stock exchange.
More
INVL and Šiaulių bankas merged their retail services as of 1 December 2023.
Please select Your topic on SB.lt webpage.
INVL and Šiaulių bankas merged their retail services as of 1 December 2023.