Prestigious journal "The Banker" recognised "Hansabankas" as 2005 TOP Bank of Lithuania
2005-09-02 Back
The prestigious journal "The Banker" (issued by "Financial Time Business") announces the results of the Top world banks listing in its September issue. This financial publication recognised "Hansabankas" as the 2005 Top Bank in Lithuania. On 16 September "Hansabankas" Board Chairman Giedrius Dusevičius will be granted the award together with other managers of Top World Banks in London.
Awards to Top Banks of each country are granted for financial performance and growth of the previous year and also for technological and strategic achievements. "The Bank's recognition as the Top Bank in a particular country means that we consider this bank as being the best not only according to its performance, but also in terms of its qualitative developments", - says "The Banker" in its Press Release.
510 financial institutions from 138 countries participated in the listing of Top Banks. The winners will receive prestigious "Bracken" awards named in honour of Brendan Bracken, "The Banker's" founder (the journal was founded in 1926) and of the current President of "Financial Times". "Hansabankas" will receive "The Banker's" award for the first time.
"Recently "Hansabankas" has been paying great attention to increasing its efficiency and volumes of activities and succeeded in raising its profits by almost 53 per cent, while its return on capital last year reached 16 per cent", - describes the prestigious journal "The Banker" the achievements of "Hansabankas" in the area of financial performance. Experts of this journal also took notice of "Hansabankas" orientation towards electronic banking and its efforts in offering the clients the one-stop-shop services.
"Hansabankas" succeeded in increasing the number of electronic transactions from 66 to 76 per cent (out of all transactions carried out in the Bank), which partly conditioned good efficiency results", - says "The Banker's" Press Release. "Moreover, during the past years "Hansabankas" integrated its subsidiaries into one group with a view to offering its customers a wide spectrum of one-stop-shop financial services", - noted "The Banker".
In the opinion of Giedrius Dusevičius, "Hansabankas" Board Chairman, awards of "The Banker" are highly appreciated among professionals, and therefore this award is of particular value to "Hansabankas".
"The greatest recognition to a bank is not only the prestigious award of the international experts, but also the loyalty of its employees. The fact that our customers prefer our bank and that our employees are professional and devoted to their work explain such excellent results achieved by "Hansabankas" which were also appreciated by experts. Therefore, in the first instance we are grateful to our customers and employees for their loyalty to the Bank which helped it in gaining the highest-level international recognition, - said Giedrius Dusevičius, "Hansabankas" Board Chairman.
"Hansabank" Group belongs to "Swedbank" - the leading financial institution in the Baltic and Northern region. This Group has more than 8,4 million private and almost 400 thousand business clients in Lithuania, Latvia, Estonia and Sweden. The Group has about 750 branches in Sweden and nearly 280 - in the Baltic States. In addiction of active operations in Sweden and in the Baltic States, "Swedbank" Group also operates in Copenhagen, Kaliningrad, London, Luxembourg, Moscow, New York, Oslo, Sanhai, St. Petersburg and Tokyo. In the end of 2004, the Group's assets amounted to about SEK 1,02 billion. "Swedbank" Group employs about 15 thousands staff.
In Lithuania "Hansabank" Group includes "Hansa lizingas", "Hansa gyvybės draudimas", "Hansa investicijų valdymas", "Hansa draudimo brokeris", "Baltijos autolizingas" and "Hansa valda".
