Savings Notes

Savings notes for business is the smarter way to invest your company’s spare funds.

Why choose Savings Notes?

Risk warning! Investing involves risks! Read more below.

Savings Notes

Maturity Interest rate Terms of Issue Redemption Date
1 year 0,0 %  Conditions 2020 05 18

How to get savings notes:


Invest online

Visit Internet banking and invest online . The minimum you can invest in is 1 savings note for 12 months.


Not a "Luminor" customer?

Become a customer!

Who can buy savings notes?

  • Individual enterprises, partnerships, cooperative companies, agricultural partnerships, public enterprises, associations (alliances, confederations, unions, societies), trade unions, charity and sponsorship funds, social/public organizations, religious organizations, associations of apartment building owners, associations of gardeners, political parties, family based entities
  • limited liability companies, joint-stock companies and financial institutions are not permitted to buy savings notes

Useful links

Deposit and Investment Insurance
Savings notes issuance schedule (in Lithuanian)
Previously distributed savings notes
Savings Notes Issuance and Circulation Rules (in Lithuanian)

Invest company’s spare funds

You might also be interested in: ETF (Exchange Traded Funds), Bonds

Withdrawal of funds: any funds withdrawn after the fixed term (60 days after savings notes maturity) in a branch or withdrawn at an ATM will attract the standard bank fees outlined in the Price list. 
Savings notes transfer: savings notes can be transferred to other investors, as outlined in the Lithuanian Savings Notes Issuance and Circulation rules. If savings notes are acquired during marriage, then a notarized power of attorney is re-quired for transfer of savings notes. Otherwise, savings note transfer agreement must be signed by both spouses at Luminor bank.
Risks: if you cancel the contract early, the contract will not end immediately but in accordance with your pre-term maturity dates. The Government of the Republic of Lithuania is re-sponsible for the redemption of savings notes and interest payment. Therefore, by investing into savings notes, you assume the risk of insolvency of the Government of the Republic of Lithuania.
Premature redemption: to use savings notes premature redemption please apply to any Luminor branch on timely basis. The deadline for submitting and receiving applications is outlined in the Terms and Conditions of the particular Issue or Savings Notes acquisition agreement. View the Terms and Conditions of Savings Notes issues that have been previously distributed by Luminor bank. Please note: premature redemption of savings notes may be carried out on interest (coupon) payment date. On this day you can: (i) receive funds invested in savings notes on the premature basis for the premature redemption price indicated in the Terms and Conditions of the Issue (provided that the application was submitted on timely basis) or (ii) to receive interest (coupon). In other words, if you submit an application for savings notes’ premature redemption on the interest payment date, you will receive only the price of premature redemption. An application for premature redemption can be made online via Internet bank (Savings and Investments->Investment Portfolio->Sell) or visit us at any Luminor branch. You can cancel application for premature redemption if the term for submitting application has not expired.

For trading in and (or) safekeeping of financial instruments you need a payment account with Luminor. You can open a payment account separately. For the information on the cost and fees related to opening and using a payment account please refer here.
Investing involves risks: The value of the investment during the investment period may increase or decrease, and the return is not guaranteed. In certain cases the investor may lose the invested sum and loses may accumulate in excess of the initial investment. Further information about Luminor investment services, terms and conditions, price lists and the related risks can be found here. This page provides general information only. Before deciding to invest in specific financial instruments, be familiar with Luminor's Description of Financial Instruments and Related Risk, prospectus and/or other documents related to the financial instruments in question, as well as carefully evaluate information about specific features, benefits and risk factors of the financial instruments. This information cannot be construed as a recommendation or an offer to buy specific financial instruments, to sell or retain them. In no way this information can be regarded as part of any transaction, to be concluded in the future.