AB „Swedbank“

AS Swedbank is a universal bank offering retail, private and corporate banking products and services to both private individuals and companies with the focus on private individuals and SMEs.

Financials

Total Assets (2017)
7 815.83 mln EUR  (+6.67%)
Net Income (2017)
112.36 mln EUR  (+24.87%)

In 2017 total assets of AB „Swedbank“ were 7 815,83 mln EUR. In 2017 the bank's net income was 112,36 mln EUR.

AB „Swedbank“ participates in deposit guarantee scheme of Lithuania. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Member of Group

 Swedbank (Sweden)

AB „Swedbank“ is a member of Swedbank (Sweden).

Contacts

Konstitucijos pr. 20A, 03502, Vilnius, Lithuania
(8 5) 268 4444
(8 5) 258 2700

AB „Swedbank“ is headquartered in Vilnius.

Bank Identifiers

BIC (SWIFT)
HABALT22XXX
MFI ID
LT112029651
Bank Sort Code
73000

Financial Positions

Total Assets (2017)
7 815.83 mln EUR  (+6.67%)
Total Equity (2017)
759.52 mln EUR  (+5.32%)

In 2017 total assets of AB „Swedbank“ were 7 815.83 mln EUR. Growth compared to the previous period (2016) was 6.67%. The evolution of the total assets of AB „Swedbank“ is shown at Chart 1 below.

Total Assets of AB  „Swedbank“.

Chart 1. Total Assets of AB „Swedbank“.

Recent changes in total assets of AB „Swedbank“ and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 111.1 125.7 +13.19%
Loans 4 526.5 4 720.4 +4.28%
Bonds and other fixed-income securities 301.6 90.3 -70.05%
Total Assets 7 326.8 7 815.8 +6.67%
Table 1. Recent changes in total assets of AB „Swedbank“ (mln EUR).

Recent changes in total liabilities of AB „Swedbank“ and its main components are shown in Table 2.

2016 2017 % change
Deposits 6 470.9 6 927.6 +7.06%
Total Liabilities 7 326.8 7 815.8 +6.67%
Table 2. Recent changes in total liabilities of AB „Swedbank“ (mln EUR).

Profit and Loss

Net Income (2017)
112.36 mln EUR  (+24.87%)

In 2017 net income of AB „Swedbank“ was 112.36 mln EUR. Growth compared to the previous period (2016) was 24.87%. The evolution of the net income of AB „Swedbank“ is shown at Chart 2 below.

Net Income of AB  „Swedbank“.

Chart 2. Net Income of AB „Swedbank“.

Deposit Guarantee

Deposit Guarantee
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 „Swedbank“ 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
Covered Currencies  all
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

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 „Swedbank“ and its components are shown in the table below.

BIC  HABALT22XXX
Bank BIC Code  HABA
Country Code  LT (Lithuania)
Location Code  22
Branch Code  XXX

MFI ID

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 „Swedbank“ is shown in the table below.

MFI ID  LT112029651

Bank Sort Code

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  73000

Banking Products in Lithuania