Please note that we have amended our general terms and conditions. Please click here to read the amended WALLESS general terms and conditions, which became effective as of 1 November 2021.
Please note that we have amended our general terms and conditions. Please click here to read the amended WALLESS general terms and conditions, which became effective as of 1 November 2021.

WALLESS Assited General Financing with acquiring specialised Bank License

On June 25, 2019, the European Central Bank issued a specialised bank license to UAB General Financing. This is the fourth specialised bank license issued in Lithuania since the introduction of specialised bank regime in the beginning of 2017 and the third one received with assistance of WALLESS team.
UAB General Financing has been operating in the market since 2005. The company was part of Societe Generale group from 2008 to 2013, and now is a part of Marginalen financial group based in Sweden. Utilising the well-known and respected brand name the newly licensed bank will continue to operate in consumer lending field and accept deposits from the general public.

WALLESS Weekly Review

Subscribe and receive the summary of the Lithuanian Supreme Court's rulings every week in your inbox. The information is prepared by the WALLESS Arbitration and Dispute Resolution Team.

Please note that review is in Lithuanian.