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Bank of Siauliai AB (OVSE:SAB1L) Altman Z-Score


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What is Bank of Siauliai AB Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

Bank of Siauliai AB (OVSE:SAB1L) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Siauliai AB (OVSE:SAB1L) » Definitions » Altman Z-Score
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Traded in Other Exchanges
ZH5:Germany
Address
Tilzes Street 149, Siauliai, LTU, LT-76348
Website
https://www.sb.lt
Bank of Siauliai AB provides lending to small and medium-sized business. The company accepts deposits, issues loans, makes money transfers and documentary settlements, exchanges currencies for its clients, issues and processes debit and credit cards. It is also engaged in trade finance and is investing and trading in securities. The bank has four business segments: Traditional banking operations and lending; Treasury; Non-core banking activities; and Other activities. It earns the majority of its income from the traditional banking operations and lending segment.