General Financing Bank

Name

General Financing Bank

Legal name

UAB GF BANKAS

Website

https://gfbankas.lt

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Consumer Banking

NAICS

Depository Credit Intermediation (5221), Commercial Banking (522110), Sales Financing (522220)

SIC

National Commercial Banks (6021), Personal Credit Institutions (6141)

akta.pro primary industry

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

akta.pro secondary industries

Large Purchase & Lifestyle Personal Loans (Unsecured Installment) (FSAKAAAG), Medical & Healthcare Personal Loans (Unsecured Installment) (FSAKAAAF)

Keywords

• Consumer lending
• Auto leasing
• Medical financing
• Term deposits
• Point-of-sale installments

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Consumer Lending Interest Income: Interest income from consumer loans (vartojimo paskola) ranging from 150 to 35,000 EUR with terms up to 120 months. Current promotional rate of 6% for standard applications and 5% for online applications.
2. Auto Leasing (Autolizingas): Financing for vehicle purchases including new and used automobiles, motorcycles, and agricultural equipment. No down payment required, KASKO insurance not required, up to 84 months term.
3. Credit Insurance Commissions: Insurance products for loan payment protection including income loss insurance and credit payment insurance, distributed as insurance intermediary for ADB Compensa Vienna Insurance Group.
4. Partner Network Commissions: Commission income from partner network including consumer electronics (TOPO CENTRAS), automotive (LONGO), healthcare (LIREMA, ŠV. KRISTOFORO KLINIKA), travel (KELIONIŲ PANORAMA), and other retailers.
5. Term Deposits: Fixed-term deposits with interest rates up to 3.25% for terms of 36-84 months, minimum 1,000 EUR.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

General Financing Bank (GF BANKAS) is a Lithuanian licensed bank that provides consumer loans ranging from EUR 150 to EUR 35,000, vehicle and medical leasing, debt refinancing, point-of-sale installment financing through partner retailers, and deposit/savings products. The bank serves individual retail customers across Lithuania through 12 branch offices, an online platform, a phone channel, and a network of more than 1,000 business partners offering financing at point of sale.

Product overview

General Financing Bank (GF BANKAS) is a Lithuanian consumer finance bank offering a comprehensive suite of lending and deposit products through multi-channel distribution (internet, telephone, and 12 branch locations). The core product portfolio centers on Vartojimo Paskola (consumer loans from €150–€35,000, up to 10 years) and includes specialized variants (Paskola Būsto Remontui for home renovation, Tausi Paskola for conscious consumption), vehicle financing (Autolizingas, up to €25,000/7 years), medical financing (Medlizingas, up to €25,000/7 years), debt consolidation (Refinansavimas), and point-of-sale installments (Pirkimas Išsimokėtinai through partner retailers up to €25,000/5 years). Deposit offerings comprise Terminuotasis Indėlis (term deposits up to 3.25% p.a.) and Taupomoji Sąskaita (instant-access savings). Insurance add-ons (Įmokų Draudimas) covering income loss and death are offered as loan attachments. The customer-facing digital channel is the Mano GFB self-service portal. The bank operates a partner network of over 1,000 companies and serves approximately 300,000 customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Vartojimo paskola (Consumer Loan) A consumer loan providing financing from EUR 150 to EUR 35,000 with repayment terms up to 10 years (120 months), with fixed interest rates for the full loan period. Available through internet, phone, or in-branch channels for Lithuanian residents.
• Paskola būsto remontui (Home Renovation Loan) A consumer loan specifically designated for home renovation and improvement projects, allowing borrowers to finance repairs and upgrades to residential properties in Lithuania.
• Tausi paskola (Eco/Conscious Loan) A consumer loan product targeting environmentally conscious or sustainable consumption purposes, listed as a distinct loan type in the bank's product portfolio.
• Refinansavimas (Refinancing) Debt consolidation and refinancing service allowing borrowers to combine multiple existing loan obligations into a single new loan, potentially reducing monthly payments and simplifying finances.
• Autolizingas (Auto Lease/Financing) Vehicle financing service enabling purchase of new or used automobiles, motorcycles, or other transport on installment terms up to EUR 25,000 and 7 years, with no down payment and no KASKO insurance required. The vehicle is registered in the buyer's name immediately.
• Medlizingas (Medical Financing) Installment financing for medical, health, and beauty services, with borrowing up to EUR 25,000 over up to 7 years, including services such as laser eye surgery, dental care, and rehabilitation. Includes interest-free installments up to 18 months at partner providers.
• Pirkimas išsimokėtinai (Installment Purchase) Point-of-sale installment purchase service enabling customers to buy goods in installments through partner retailers, with financing from EUR 100 to EUR 25,000 and terms up to 5 years, processed instantly online at the partner location.
• Terminuotasis indėlis (Term Deposit) Term deposit product with interest rates up to 3.25% annually for deposit terms of 36–84 months and minimum amounts from EUR 1,000, with interest paid at maturity.
• Taupomoji sąskaita (Savings Account) A savings account product allowing customers to earn interest on deposits starting from the first euro, with funds accessible at any time.
• Įmokų draudimas (Loan Payment Insurance) Insurance products attached to loans covering income loss scenarios such as involuntary unemployment (30+ or 60+ days) or temporary disability, with death benefits of up to EUR 5,000 or EUR 4,000 depending on the plan. Offered in partnership with ADB Compensa Vienna Insurance Group.

Quantifiable outcome

• Automated credit assessment enables instant credit decisions, with funds transferred to customer's bank account upon approval
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• TOPO CENTRAScoreChannel Partner/ Reseller/ DistributorLargest consumer electronics and appliances retail chain in Lithuania. Offers installment purchasing (pirkimas išsimokėtinai) at physical stores and online with special conditions.
• LONGOcoreChannel Partner/ Reseller/ DistributorLargest used car dealer in Baltic states. Offers auto leasing (autolizingas) for vehicles from 10,000 EUR with verified cars and real warranty.
• LIREMAcoreChannel Partner/ Reseller/ DistributorLeading eye surgery network in Lithuania. Offers medical leasing (medlizingas) for laser eye correction and other medical procedures, interest-free up to 18 months.
• KELIONIŲ PANORAMAminorChannel Partner/ Reseller/ DistributorTravel agency offering installment purchasing for travel packages without markup up to 12 months.
• SOFTWARE DEVELOPMENT ACADEMYminorChannel Partner/ Reseller/ DistributorLargest programming and testing academy in Eastern and Central Europe with 2,500+ students. Offers up to 30% discounts on courses for GF BANKAS customers.
• VERSKS.LTminorChannel Partner/ Reseller/ DistributorProfessional e-commerce platform provider offering 20% discount on first e-commerce rental invoice or 15% discount on system acquisition for GF BANKAS customers.
• SKYTECH.LTminorChannel Partner/ Reseller/ DistributorMost friendly digital and computer equipment retail chain with stores in Vilnius, Kaunas, Klaipėda, Plungė, Alytus and online at skytech.lt. Special offers on Kamado Bono grills.
• SAVASODYBA.LTminorChannel Partner/ Reseller/ DistributorGarden, forest, and construction equipment retailer since 2001. Offers 10% discount on Stihl and Husquarna products at newly opened Kuršėnai store.
• LONASminorChannel Partner/ Reseller/ DistributorBedding and textile company for 28 years, offering mattresses, bedding, and bedroom furniture. Special offers available for GF BANKAS customers.
• ŠV. KRISTOFORO KLINIKAcoreChannel Partner/ Reseller/ DistributorDental clinic with 20 years of experience in all areas of adult and pediatric dentistry. Offers medical leasing for odontological services with special Hollywood Smile package (hygiene and teeth whitening) for 239 EUR.
• MIELEminorChannel Partner/ Reseller/ DistributorPremium household appliances manufacturer for kitchen, laundry, and floor care. Offers installment purchasing without markup up to 18 months.
• ADB Compensa Vienna Insurance GroupcoreTechnology or IntegrationInsurance provider (code 304080146, address Ukmergės g. 280, Vilnius) for income loss insurance and credit payment insurance products offered by GF BANKAS. GF BANKAS acts as additional insurance distribution intermediary.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Bigbank: Estonian-headquartered consumer lender with active operations across the Baltics, including Lithuania, offering consumer loans and term deposits. Direct comparison: same product set (unsecured installment loans, deposit products), same geographic focus, and similar branchless/digital-heavy distribution model.
• Credit24 (4finance Group): Baltic consumer lending brand of 4finance Group offering online installment and short-term loans in Lithuania. Direct comparison: same online-first consumer credit model, same Lithuanian retail borrower segment, and similar use of digital onboarding and automated underwriting.
• SB Lizingas: Lithuanian leasing company (part of Šiaulių bankas group) offering auto, equipment, and consumer leasing. Direct comparison: overlaps directly with GF BANKAS's Autolizingas and Pirkimas Išsimokėtinai products in the Lithuanian market.
• UniCredit Leasing Lithuania: Lithuanian arm of UniCredit's leasing business, offering vehicle and equipment financing. Overlaps with GF BANKAS's Autolizingas vehicle financing product, but typically serves SME and corporate fleet customers rather than mass-market retail.

Broad incumbents

• SEB bankas: Lithuanian operation of SEB Group, a major universal bank in the Baltics. Comparable in offering consumer loans, term deposits, and savings products, but operates at far greater scale and serves both retail and corporate customers.
• Luminor: Largest Baltic-headquartered universal bank operating in Lithuania, Estonia, and Latvia. Competes with GF BANKAS across consumer loans, deposits, and POS financing, but is dramatically larger and offers a full suite of corporate, treasury, and institutional services.
• Šiaulių bankas: Mid-sized Lithuanian universal bank with full retail and corporate banking services including consumer loans and deposits. Comparable to GF BANKAS in consumer lending and deposit taking, but operates at materially larger scale and broader product range.
• Citadele banka (Lithuania): Baltic universal bank with Lithuanian operations offering consumer loans, deposits, and SME banking. Comparable in offering mass-market consumer credit and deposit products, but with broader corporate and institutional service lines.
• Swedbank Lietuvoje: Lithuanian branch of Swedbank Group, one of the largest banks in the country. Overlaps with GF BANKAS on consumer lending and savings products, but with significantly larger balance sheet, broader distribution, and superior funding cost.

Regional players

• Medicinos bankas: Small Lithuanian commercial bank with a private-banking and SME- lending focus. Comparable: similarly licensed Lithuanian bank competing for retail deposits and consumer loans, though its positioning skews to higher-net-worth segments rather than mass-market consumer credit.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/generalfinancing
• Facebookfacebook.com/GeneralFinancing

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about General Financing Bank