About Swedbank in Lithuania

Swedbank is one of the leading banks in the Nordic and Baltic countries. In this region, we work with about 7 million private and more than 500,000 corporate customers. Almost half of them are in the Baltic States.

We help people with all their banking needs, from the simplest to the most sophisticated ones. We follow a simple, open and caring approach in communicating with our clients and providing services to them.

We understand that Swedbank plays an important role in the local community. Therefore, our key objective is to help our clients, shareholders and the Lithuanian society in securing and maintaining sustainable financial wellbeing.

Those interested in Swedbank’s financial health know that we keep a strong balance sheet resistant to market fluctuations through daily and targeted risk assessment and management. In this way, we benefit not only our shareholders, but also clients, the society and employees.

Swedbank operates in Lithuania together with the following subsidiaries: Swedbank Life Insurance SE Lithuanian branch, Swedbank lizingas, Swedbank investicijų valdymas, Swedbank valda, Swedbank P&C Insurance AS Lithuanian branch and Kortelių skaitytuvų paslaugos.

Swedbank AB in Lithuania is part of the international group Swedbank AS. This group company is listed on NASDAQ OMX Stockholm. For more information on Swedbank Group, click here (information in English).

Swedbank’s History: Key Dates

The roots of Swedbank stretch back to 1800. Over the centuries of existence, the bank has shown continuous development and growth. Only one thing remained unchanged: the public need for a sustainable and reliable financial partner.

Key events in our history:

In 2009, Hansabank in Lithuania changed its name to Swedbank AB;

In 2001, Hansabank purchased Lietuvos Taupomasis Bankas by becoming its controlling shareholder;

In 1999, Hansabank opened its doors to clients in Vilnius for the first time;

In 1996, the Hansabank Group established its presence in Lithuania;

In 1991, the Hansabank Group began establishing Hansabank branches in the Baltic states;

In 1990, Sparbanksgruppen financial group was formed;

In 1940, the savings-bank symbol – oak tree – was created;

In 1900, the Swedish Savings Bank Association was founded;

In 1820, Sweden’s first savings banks came into existence;

In 1800, Berndt Harder Santesson founded a savings group for the workers of one of his glassworks.