List of banks in Lithuania

This list of banks in Lithuania is based on information from Central Bank of Lithuania, responsible for financial supervision in Lithuania. ^[1]

According to Bank of Lithuania, five banks held over 90% of Lithuania's banking market in 2024. These are – Swedbank, Revolut, SEB bankas, Luminor, and Šiaulių bankas. Majority of the market historically has been dominated by branches of the Scandinavian majors. ^[2] The largest banks and financial institutions in Lithuania, Latvia and Estonia are largely the same and mostly dominated by same Swedish companies. ^{[3] [4] [5]}

Central bank

• Bank of Lithuania

Commercial banks

In 2024, thirteen commercial banks holding a license from the Bank of Lithuania are operating in the country: ^[6]

• AB Swedbank (subsidiary of the Swedish bank) ^[7]
• UAB Revolut Bank (subsidiary of the British bank) ^{[8] [9]}
• AB SEB bankas (subsidiary of SEB, Sweden)
• AB Šiaulių bankas (Lithuanian)
• UAB Urbo bankas (Lithuanian)
• AB Mano bankas ¹ (Lithuanian)
• European Merchant Bank ¹ (Lithuanian)
• UAB GF bankas ¹ (subsidiary of Marginalen Bank, Sweden)
• UAB SME Bank ¹ (Lithuanian)
• UAB PayRay Bank (Lithuanian)
• UAB Saldo Bank ¹ (Finnish)
• AB Fjord Bank ¹ (Lithuanian)
• UAB Finora Bank ¹ (subsidiary of the Estonian bank) ^[10]

¹ Institutions that only hold a specialised bank licence.

Foreign banks' branches

A former branch of SMP Bank  [ ru ], previously located on Žygimantų Street, which has since ceased operations within the country.

Currently, the following foreign bank branches are operating in the country:

• Luminor Bank
• OP Corporate Bank
• Citadele Banka
• Bigbank
• Inbank
• TF Bank

Additionally, the following branches are registered to operate in the country:

• Svenska Handelsbanken AB - undergoing liquidation

References

1. Banks in Lithuania
2. "Didžiausi bankai Lietuvoje". tv3.lt (in Lithuanian). 2023-07-28. Retrieved 2024-01-05.
3. "Swedes poised to become Baltic banking leaders". baltictimes.com. 1998-11-26. Retrieved 2024-01-05.
4. "Banks pile in to join Baltic boom". The Banker. 2005-07-03. Retrieved 2024-01-05.
5. Hanson, Maivi (2007-04-17). "Overview of Baltic Banking Market". The Global Treasurer. Retrieved 2024-01-05.
6. "Financial market participants". Bank of Lithuania . Retrieved 25 September 2022.
7. "About Swedbank Baltics". Swedbank. Retrieved 5 June 2023.
8. "Revolut chose Lithuania as its home jurisdiction for its electronic money institution and the bank". Walless. 13 December 2018. Retrieved 5 June 2023.
9. Savickas, Edgaras (4 May 2020). ""Revolut" bankas pradeda veiklą Lietuvoje: 300 tūkst. vartotojų gali rinktis apdraustas sąskaitas". Delfi (in Lithuanian). Retrieved 5 June 2023.
10. "Estonian businessmen launch new bank in Lithuania, opens in Estonia soon". ERR. 16 November 2022. Retrieved 5 June 2023.