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Walless Helps Inbank Obtain Permission to Open a Branch in Lithuania

Walless Helps Inbank Obtain Permission to Open a Branch in Lithuania

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Walless has helped AS Inbank obtain authorization from the Bank of Lithuania to establish a bank branch and provide financial services in Lithuania.

Estonia's Inbank intends to establish the branch before the end of the year to provide various financial services in Lithuania, including accepting deposits and lending. Establishing a branch in Lithuania is a result of a cross-border merger between Inbank and Mokilizingas, a Lithuanian consumer credit company acquired by Inbank in May 2018.

Walless's team consisted of Partner Gediminas Reciunas, Senior Associate Alina Makovska, and Associate Akvile Marozaitee.