Citadele Banka is a Latvian bank, establlished in 2010 when good assets of Parex Bank were transferred to the newly created Citadele Banka. Citadele Banka provides retail and corporate banking products and services to domestic and international clients. AB „Citadele” bankas operates as a subsidiary of Citadele Banka (Latvia).
In 2017 total assets of AB „Citadele” bankas were 541,92 mln EUR. In 2017 the bank's net income was 2,68 mln EUR.
AB „Citadele” bankas participates in deposit guarantee scheme of Lithuania. This scheme covers accounts up to 100 000 EUR per bank per depositor.
AB „Citadele” bankas is headquartered in Vilnius.
|Total Assets (2017)|
|541.92 mln EUR (+7.61%)|
|Total Equity (2017)|
|52.72 mln EUR (+5.49%)|
In 2017 total assets of AB „Citadele” bankas were 541.92 mln EUR. Growth compared to the previous period (2016) was 7.61%. The evolution of the total assets of AB „Citadele” bankas is shown at Chart 1 below.
Chart 1. Total Assets of AB „Citadele” bankas.
Recent changes in total assets of AB „Citadele” bankas and its main components are shown in Table 1.
|Cash and deposits with Central Banks||5.5||5.2||-6.19%|
|Bonds and other fixed-income securities||175.8||195.3||+11.12%|
|Table 1. Recent changes in total assets of AB „Citadele” bankas (mln EUR).|
Recent changes in total liabilities of AB „Citadele” bankas and its main components are shown in Table 2.
|Table 2. Recent changes in total liabilities of AB „Citadele” bankas (mln EUR).|
|Net Income (2017)|
|2.68 mln EUR (+7.63%)|
In 2017 net income of AB „Citadele” bankas was 2.68 mln EUR. Growth compared to the previous period (2016) was 7.63%. The evolution of the net income of AB „Citadele” bankas is shown at Chart 2 below.
Chart 2. Net Income of AB „Citadele” bankas.
|Yes (up to 100 000 EUR per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Lithuania are obliged to participate in Lithuanian deposit guarantee scheme.
In the case of AB „Citadele” bankas failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons, legal entities|
|Covered Accounts||all deposit accounts|
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||EUR|
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of AB „Citadele” bankas and its components are shown in the table below.
|Bank BIC Code||INDU|
|Country Code||LT (Lithuania)|
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of AB „Citadele” bankas is shown in the table below.
Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.
|Bank Sort Code||72900|