L. Dailyd joined Finora Capital

Laurynas Dailyd, UAB Deputy Director of Finora Credit. Organization photo

Agn Vareikait-Mills
Business inios

Laurynas Dailyd will gain many years of experience in corporate banking in addition to the management team of the financial services group Finora Capital. He will be responsible for the development of the corporate loan portfolio in Lithuania.

He is also currently assisting the company in starting banking operations.

I intend to take part in the process of establishing a new bank and contribute to our operative start as a bank, L. Dailyd says in a press release, and will take up the position of Deputy Director of Finora Credit.

L. Dailyd has extensive banking experience. Prior to joining the Finora Capital Group, he held various positions at Swedbank. For the past 14 years, he has headed the Business Customer Lending Solutions Division.

Finora Capital Group provides loans, leasing, factoring services and guarantees to small and medium-sized enterprises, as well as specialized financial solutions for the creative sector in Lithuania and Estonia. The group currently owns 16 million. Eur loan portfolio.

The shareholders of Finora Capital are 29 Estonian businessmen and private individuals. Veikko Maripuu and Andrus Alberis, who previously worked in the financial and banking sectors, hold the largest 49% stake.

Finora Capital started operations in 2014. In Estonia, 2019. a subsidiary was established in Lithuania. Throughout the period of operation, the companies of the Finora Group have granted loans, providing leasing and factoring services for more than LTL 85 million. Eur. Funding was provided to a number of sampled companies, mostly small and medium-sized.