OREANDA-NEWS. On July 08, 2008 with the aim to facilitate the first steps in business AB DnB NORD Bankas designed a special discount package to new businesses branded Business Start-Up Vitamins™, reported the press-centre of DnB NORD Bankas. 

Accepting the offer and becoming DnB NORD Bankas customer will entitle entrepreneurs to use banking services under better than standard terms while the bank’s partner – the finance management company UAB Financial Management Group – will offer them consultations on accounting and tax related issues free-of-charge.

“Each month about 800 new companies register their businesses in Lithuania and we want to contribute to their successful start and development and to continue partnership in the future when they firmly establish themselves in the market and continue their growth,” says Evaldas Ruzgys, Corporate Product Development Department Manager of DnB NORD Bankas.

Business Start-Up Vitamins™ package provides that newly established enterprises, upon becoming DnB NORD Bankas customers, will be offered to execute payment orders within the Bank and to other banks of Lithuania free of charge. DnB NORD Bankas shall grant the companies business cards free of charge and shall apply no service fees for 12 months. If enterprise employees choose to become customers of DnB NORD Bankas they will be offered special payment card service terms.

DnB NORD Bankas, which has won market recognition for its fast and flexible credit solutions, has extended LTL 5.3 billion worth of loans to finance the country’s business growth as at the end of May. The corporate loan portfolio of DnB NORD Bankas increased by LTL 843 million over the first five months of the year alone, one fourth of it allocated to small and medium size business growth.

AB DnB NORD Bankas is a universal commercial bank providing banking services to individual and corporate customers. AB DnB NORD Bankas runs three subsidiaries: asset management company UAB DnB NORD Investiciju Valdymas, leasing arm UAB DnB NORD Lizingas and real estate brokerage UAB DnB NORD Bustas. 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).