swedbank lithuania

What swedbank lithuania does

Swedbank Lithuania operates as the Lithuanian subsidiary of Swedbank AB (publ), the publicly listed Swedish banking group traded on Nasdaq Stockholm under SWED-A. The entity, legally Swedbank, AB (legal code 112029651, SWIFT HABALT22), is headquartered at Konstitucijos pr. 20A, Vilnius, and operates within a wholly-owned ecosystem that includes Swedbank lizingas (leasing), Swedbank investicijų valdymas (investment management), and the Lithuanian branches of Swedbank P&C Insurance AS and Swedbank Life Insurance SE.

The business is a universal retail and commercial bank offering accounts, payments, mortgages and lending, savings, investment products, pension management, leasing, and insurance (P&C and life). Distribution is hybrid: a 24/7 self-serve Internet Bank (Interneto bankas) and mobile application sit at the core, supplemented by a physical branch network and appointment-based consultation services. The product surface also includes the Investment Academy educational platform, the Investment Game virtual trading simulator, the Financial Health Test assessment tool, and a Swedbank blog publishing investment education and market commentary. Kasko (casco) vehicle insurance is actively marketed with discount campaigns and bundled roadside-assistance benefits.

Revenue mechanics are diversified across net interest income (deposits, lending, mortgages), fees (payments, advisory), leasing margins, investment management fees, and insurance premiums. The customer base spans private individuals (primary), youth, seniors, and business customers, segmented through dedicated programs (Jaunimo programa, Senjorų programa, Auksinė paslauga, Privačioji bankininkystė). All operations are confined to the Lithuanian market, consistent with Swedbank Group's four-home-market structure.

Name

swedbank lithuania

Legal name

Swedbank, AB

Website

https://swedbank.lt

Company type

Public

Operating status

Operating

Short description

Swedbank Lithuania (Swedbank, AB) is the Lithuanian subsidiary of Stockholm-listed Swedbank Group, providing retail and corporate banking, lending, leasing, investment management, pensions, and insurance to private individuals, youth, seniors, and business customers across Lithuania via internet bank, mobile app, branches, and advisory services.

Ownership category

akta.pro rank

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Distribution channels4 records

Marketing channels5 records

Core offering

Swedbank Lithuania provides retail and corporate banking services in Lithuania through a digital-first platform, the Interneto bankas, offering accounts, payments, savings, mortgages, consumer and business loans, leasing, investment management, pension services, and both property & casualty and life insurance. The product portfolio is delivered across online, mobile, branch, and consultation channels under the Swedbank Group brand.

Product overview

Swedbank Lithuania operates as a retail banking institution offering a digital-first service model through its Internet Bank (Interneto bankas) as the core platform. The product portfolio includes Kasko (casco) vehicle insurance as a financial product, along with educational tools such as the Investment Academy and Investment Game for customer engagement, and a Financial Health Test for personal finance assessment. All services are accessible through the digital banking platform at swedbank.lt/private.

Differentiator

Problem solved

Functional benefit

Brands

• Interneto bankas: Internet banking platform for private customers
• Investavimo akademija
• Investavimo žaidimas

Products and services

• Interneto bankas (Internet Bank)

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights5 records

Direct peers

• SEB Bank Lithuania (SEB bankas): Another of the largest universal banks operating in Lithuania under the Nordic SEB Group, offering retail, corporate, and wealth services. Directly comparable in product breadth, customer segments, and Baltic-market focus.
• Luminor Lithuania: Leading Baltic banking group formed from the Nordic banks' Baltic operations, offering retail, SME, and corporate banking in Lithuania. Directly comparable on geography, customer base, and full-service banking model.
• Citadele banka (Lithuania operations): Baltic-headquartered universal bank with Lithuanian operations providing retail, lending, and SME banking. Comparable as a regional universal bank competing for the same Lithuanian retail and corporate customers.

Regional players

• Šiaulių bankas: Lithuanian-headquartered bank offering retail and SME banking domestically. Comparable as a Lithuania-focused universal bank, though smaller and more domestically concentrated than Swedbank Lithuania.
• LHV (Baltic operations): Estonian-headquartered universal bank providing retail, SME, and corporate banking with growing Baltic footprint. Comparable on universal banking business model and Baltic-market focus.

Emerging players

• Revolut (Lithuania operations): Digital-first challenger bank with a Lithuanian banking license and significant retail customer base in the country. Competes with Swedbank Lithuania on day-to-day accounts, payments, and FX for digital-native consumers and SMEs.
• Paysera: Lithuanian-origin fintech offering payments, accounts, and merchant acquiring services across the Baltics and EU. Overlaps with Swedbank Lithuania on retail payments and SME banking-adjacent services.
• Bigbank (Lithuania operations): Estonia-headquartered digital lender active in Lithuania, focused on consumer and SME credit. Comparable on the lending side of Swedbank Lithuania's business, though without a deposit franchise.

Broad incumbents

• Nordea (Baltic presence): Major Nordic universal bank with historical Baltic presence and ongoing corporate/wholesale relationships in the region. Comparable as a large incumbent with cross-Baltic capabilities that overlaps with Swedbank Lithuania's corporate banking.

Others

• Wise (TransferWise): Cross-border payments fintech widely used by Lithuanian consumers and SMEs for international transfers and multi-currency accounts. Adjacent competitor affecting Swedbank Lithuania's FX and cross-border payment revenue.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/swedbanklietuvoje

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 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 swedbank lithuania