List of banks in Lithuania

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Swedbank branch head office, Vilnius Vilnius (12663783935).jpg
Swedbank branch head office, Vilnius
SEB head office, Vilnius SEB Vilnius by Augustas Didzgalvis.jpg
SEB head office, Vilnius
Quadrum office building in Vilnius, local home of both Revolut and Luminor Vilnius Quadrum.jpg
Quadrum office building in Vilnius, local home of both Revolut and Luminor
Artea logo on the Sqveras office complex in Kaunas Artea bankas.jpg
Artea logo on the Sqveras office complex in Kaunas
Danske Bank building, Vilnius Danske bankas Vilnius.JPG
Danske Bank building, Vilnius

The following list of banks in Lithuania is to be understood within the framework of the European single market and European banking union, which means that the Lithuanian banking system is more open to cross-border banking operations than peers outside of the EU.

Contents

Policy framework

European banking supervision distinguishes between significant institutions (SIs) and less significant institutions (LSIs), with SI/LSI designations updated regularly by the European Central Bank (ECB). Significant institutions are directly supervised by the ECB using joint supervisory teams that involve the national competent authorities (NCAs) of individual participating countries. Less significant institutions are supervised by the relevant NCA on a day-to-day basis, under the supervisory oversight of the ECB. [1] In Lithuania's case, the NCA is the Bank of Lithuania. [2]

Significant institutions

As of 1 September 2025, the ECB had three Lithuanian banking groups in its list of significant institutions: [3]

Swedbank operates in Lithuania via a branch of its Latvian subsidiary Swedbank Baltics AS. A study published in 2024 assessed that Swedbank was the bank with most aggregate assets in Lithuania (as opposed to total consolidated assets), with €18.5 billion as of end-2023, followed by SEB (€13.8 billion), Revolut (€12.1 billion), and Šiaulių (now Artea, €4.6 billion). [4] Additional branches include Danske Bank Lithuania (for Danske Bank) and the Lithuanian branch of Luminor Bank. Aside from Riga-based Swedbank Baltics AS, no other SIs based in the euro area have subsidiaries in Lithuania. [3]

Less significant institutions

As of 1 September 2025, the ECB's list of supervised institutions included 16 Lithuanian LSIs: [3]

Of these, only Lietuvos Centrinė Kredito Unija was designated by the ECB as "high-impact" on the basis of several criteria including size. [3]

Credit unions

Lithuania is one of six euro-area countries with credit unions, together with Croatia, Estonia, Ireland, Latvia, and the Netherlands. whereas the Centrinė Kredito Unija is designated as LSI, the other Lithuanian credit unions (Lithuanian : kredito unijos) are outside the scope of the EU Capital Requirements Directives, [5] and thus regulated and supervised under national law. At end-2023, there were 59 such Lithuanian credit unions (including Centrinė Kredito Unija), with total assets of ca. €1.43 billion (US$1.55 billion). [6] :4

Other credit institutions

The Bank of Lithuania and Asset Bank  ( lt ) are public credit institutions that do not hold a banking license under EU law.

Defunct Banks

Several former Lithuanian banks, defined as having been headquartered in the present-day territory of Lithuania, are documented on Wikipedia. They are listed below in chronological order of establishment.

See also

References

  1. "What are less significant institutions?". European Central Bank. 2 August 2024.
  2. "Members and Observers". European Banking Authority. Retrieved 19 November 2025.
  3. 1 2 3 4 List of supervised entities - Cut-off date for changes in group structures: 1 September 2025 (PDF), European Central Bank, 24 October 2025
  4. Giulia Gotti, Conor McCaffrey & Nicolas Véron (October 2024), Banking union and the long wait for cross-border integration (PDF), European Parliament
  5. "Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms - Current consolidated version - Article 2", EUR-Lex, p. L 176/350, 17 January 2025
  6. Statistical Report 2023, World Council of Credit Unions