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Ellex Valiunas Helps Mano Bankas Obtain Specialized Bank License in Lithuania

Ellex Valiunas Helps Mano Bankas Obtain Specialized Bank License in Lithuania


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.

Lithuanian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

All News about Cobalt can be found here.


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