 |
 | |||
   | |||
| Parex Group / About Parex Group / Parex Group: Banking | |||
In 2000, in order to reinforce Parex banka’s position in the Baltics, the Bank acquired Industrijos bankas (now Parex Bankas) - at the time the thirteenth largest bank in Lithuania by assets. In 2004, Parex banka completed the acquisition of Swiss AP Anlage und Privatbank AG, thus becoming the first bank from the new EU member countries to establish banking operations in Switzerland. The same year Parex banka’s representative office in Estonia was converted into a fully operational branch, and a new branch in Berlin (Germany) was established in 2005. In 2006 Parex banka’s Stockholm’s representative office was transformed into a branch, hence broadening the Bank’s operations in the international market. Parex banka maintains extensive network of representative offices to maintain the Bank’s presence, in different geographic regions and facilitate business transactions. Parex banka focuses on attracting the interested corporate and private clients to the Bank, rather than providing the standard set of banking services. Parex Group maintains representative offices in:
|
|
||
