OP Corporate Bank has streamlined its organizational structure in the Baltic States. On October 31, the bank merged the business leasing subsidiaries OP Finance to OP Corporate Bank. Please read the detailed answers to the most frequently asked questions about the completed restructuring.
From 2021 November 8 until 2022 January 31, visit any physical branch of Regitra and order the service of changing the registration certificate. In the certificate, the owner of the vehicle should be changed from AB OP Finance to OP Corporate bank plc Lithuania branch.
Indicate that the fee for the certificate change would be deducted from the prepaid account of the OP Corporate bank plc Lithuania branch. In this way, the change of documents will be performed free of charge.
We have already agreed with Regitra that the owner of the vehicles on the information system would have been changed from AB OP Finance to OP Corporate bank plc Lithuania branch. You just need to take the renewed registration certificate.
The change of registration documents without the fee can be done only in the physical branches of Regitra. When ordering an updated certificate online, there will be no possibility to use our prepayment for the service.
You may find the addresses and opening hours of Regitra branches here.
The following documents will be needed when arriving at the Regitra branch:
If you have any questions, please contact your relationship manager, write us an e-mail at email@example.com or call +370 5 2472075.
Thank you for your benevolence and we apologize for the inconvenience.
OP Corporate Bank will streamline its organizational structure and merge its Baltic subsidiaries, AB OP Finance (Lithuania), OP Finance AS (Estonia) and OP Finance SIA (Latvia) with the parent company.
The legal restructuring of OP Financial Group’s central cooperative consolidated will streamline the group structure, simplify management, and reduce overheads.
New organizational structure together with remodeled strategy will make OP Corporate Bank more agile in meeting the future challenges of Baltic banking sector.
The merging of "OP Finance" was completed on 31 October 2021.
From 2021 November 8 until 2022 January 31you will need to renew the vehicle registration certificate if the vehicle you manage is registered in this register:
Register of Road Vehicles of the Republic of Lithuania, administered by SE "Regitra".
In the first question, you will find detailed information on how and when you should do this.
If in doubt, please contact your service manager or email us at firstname.lastname@example.org or call +370 5 2472075. Thank you for your understanding.
You don't have to do anything. Nothing will change for the customers of OP Corporate Bank plc Lithuania Branch due to this merging.
No, after the merger of OP Finance, the terms of the signed agreements remain in full force and effect.
Amendments to existing contracts do not need to be signed. All rights and obligations of OP Finance under the agreement are automatically transferred to OP Corporate Bank plc Lithuania Branch.
Contributions must continue to be paid in accordance with the terms of the agreement. From 31 October 2021, please pay the contributions to the same account by changing only the owner of this account to OP Corporate Bank plc Lithuania Branch.
Requisites for payments from October 31:
OP Corporate Bank plc Lietuvos filialas (OP Corporate Bank plc Lithuanian branch)
LT25 2150 0510 0000 9526
Thank you for your understanding.
We recommend that you check with your insurance company. We have informed the largest non-life insurance companies operating in Lithuania about the merger of "OP Finance" with "OP Corporate Bank". However, this is only a general information that will not be able to affect every insurance contract.
The vehicle inspection result card (report) is valid until the end of its term, it is not necessary to change it due to the merger of OP Finance.
Yes, the Lithuanian branch of "OP Corporate Bank" further provides all leasing, operating lease, equipment purchase credit and other services previously provided by "OP Finance". If you have any questions about the services, please contact your service manager, write us an e-mail at email@example.com or call +370 5 2472075.
We aim to take even stronger positions in business financing in the Baltic States. Our goal is to expand our market share, especially as a responsible corporate financier that helps businesses grow.
There is a growing interest in green bonds in the Baltic States, and we offer green and sustainable development loans. We want to be the first choice for companies looking for a sustainable financing solution.
The European Bank calls on banks to pay more attention to environmental, social and governance (ESG) risks. It also means we will have to ask companies for more reports.
All issues will continue to be resolved by the manager who provided you services previously. If employee changes occur, they will not be related to the merger of OP Finance. If you have any questions, please email us at firstname.lastname@example.org or call +370 5 2472075.
No, you can contact us by all previously used contacts. You can find all our bank contacts in the Contacts section of our website https://www.opbank.lt/en/contact/general/. You can contact us by e-mail at email@example.com or by phone +370 5 2472075.