“Strengthening of positions in the market of the Baltic countries through a wider choice of services is one of the key goals of our new strategy. The start of operations in Latvia and Estonia was very good despite complicated economic situation,” Mikael Silvennoinen, Pohjola Bank CEO, said in a press release.
The bank was positive about the prospects of Lithuania’s economic development, he said adding that in Lithuania, Pohjola Bank would focus on its Finnish customers as well as large local companies.
In Lithuania, the Finnish group also owns the financial services company Pohjola Finance and the non-life insurer Seesam Lietuva.
