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Economy and Banking Sector of Lithuania

Major Banks of Lithuania

RankNameMarket %Total Assets
1 Revolut Bank UAB32.83 %20,287.78 mln EUR   (+67.88%)
2 “Swedbank”, AB31.68 %19,577.10 mln EUR   (+6.30%)
3 AB SEB bankas24.58 %15,189.15 mln EUR   (+9.37%)

#1: Revolut Bank UAB

Authorized in December 2018, Revolut Bank UAB (formerly Revolut Technologies UAB) plans to accept deposits and offer consumer credits. Revolut Bank UAB operates as a subsidiary of Revolut Ltd (United Kingdom), an e-money institution, founded in 2015, with the main scope of activities includes online transfers, currency exchange, card payments and cash withdrawal across the globe.

Services
retail banking
business banking
Clients
natural persons
companies
Area Served
EUEuropean Union
Products
current accounts
payment cards
deposit accounts
consumer loans

Revolut Bank UAB ranks as the 1st largest bank in Lithuania by total assets. In 2024 its total assets were 20,287.78 mln EUR, representing a 32.83% market share. In 2024 the bank's net income was 101.74 mln EUR.

Revolut Bank UAB participates in the deposit guarantee scheme of Lithuania. This scheme covers accounts up to 100,000 EUR per bank per depositor.

#2: “Swedbank”, AB

AS Swedbank is a part of Swedbank Group (Sweden). AS Swedbank offers a wide selection of financial services, including accounts, mortgages, insurances, credit cards, loans, pensions and investments, both for private customers and companies. AS Swedbank aims to promote financial literacy and entrepreneurship and to contribute into social participation through the development of the entire society.

Services
retail banking
business banking
Products
current accounts
debit cards
credit cards
deposit accounts
investment funds
consumer loans
car loans
mortgage loans
car leasing

“Swedbank”, AB ranks as the 2nd largest bank in Lithuania by total assets. In 2024 its total assets were 19,577.10 mln EUR, representing a 31.68% market share. In 2024 the bank's net income was 342.25 mln EUR.

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

#3: AB SEB bankas

SEB Bankas is a part of SEB Group (Sweden). SEB Bankas operates as a universal bank, offering retail, private and corporate banking products and services to individuals and companies. SEB Bankas offers financial advisory, short-term or long-term financing solutions, and current assets and liquidity management services. SEB Bankas also provides pension plans and insurance.

Services
retail banking
private banking
business banking
corporate banking
institutional banking
Products
current accounts
debit cards
credit cards
deposit accounts
consumer loans
student loans
mortgage loans
pension plans

AB SEB bankas ranks as the 3rd largest bank in Lithuania by total assets. In 2024 its total assets were 15,189.15 mln EUR, representing a 24.58% market share. In 2024 the bank's net income was 322.84 mln EUR.

AB SEB bankas participates in the deposit guarantee scheme of Lithuania. This scheme covers accounts up to 100,000 EUR per bank per depositor.

See Also

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