Ellex has helped Mano Bankas obtain a specialized bank license to operate in Lithuania.
According to Ellex, “the issuance of specialized bank license is the first of its kind in Lithuania and has a great significance for Lithuania’s financial system. Without any doubt, this is another step turning Lithuania into one of the most attractive jurisdictions for banks and finance institutions in the European Union and European Economic Area.”
Ellex’s team included Partner Gediminas Reciunas and Associate Partner Ausra Brazauskiene.