March 01, 2015 6:57 PM ET

Banks

Company Overview of AB SEB bankas

Company Overview

AB SEB bankas provides various banking services in the Republic of Lithuania. The company offers saving and investing products, such as escrow accounts, term and savings deposits, bonds, government saving notes, structured investment instruments, investment funds, exchange-traded funds, shares, and repurchase agreements, as well as online investment products. It also provides mortgage, home equity, and consumer loans; loans for the renovation of multi apartment buildings; investment and business development, working capital, agriculture, and trade financing products; debit and credit cards; and car, freight vehicle, equipment and special machinery, and agricultural machinery leasing services...

Gedimino avenue 12

Vilnius,  01103

Lithuania

Founded in 1856

Phone:

370 85 268 2800

Fax:

370 85 268 2333

Key Executives for AB SEB bankas

Chairman of Management Board, Chief Executive Officer and President
Chairman of Supervisory Council and Head of Business Support Division
Age: 52
Chief Financial Officer, Head of Business Support Division, Vice President and Member of Management Board
Head of Corporate Banking Division, Vice President and Member of Management Board
Head of Credit & Risk Management Division, Vice President and Member of Management Board
Compensation as of Fiscal Year 2014.

AB SEB bankas Key Developments

AB SEB bankas expected to report Fiscal Year 2014 results on March 1, 2015. This event was calculated by Capital IQ (Created on February 2, 2015).

AB SEB bankas expected to report Fiscal Year 2014 results on March 1, 2015. This event was calculated by Capital IQ (Created on February 2, 2015).

SEB Bankas Announces Unaudited Preliminary Consolidated and Standalone Earnings Results for the Year 2014

SEB Bankas announced unaudited preliminary consolidated and standalone earnings results for the year 2014. For the year on consolidated basis, net earnings up by 17.7% to EUR 72.4 million from EUR 61.5 million in 2013. For the year on alone basis, net profit grow by 6.2% to EUR 65.3 million, from EUR 61.5 million in 2013.

AB SEB Bank Reports Group and Bank Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

AB SEB Bank reported group and bank earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the group reported interest income of LTL 115.738 million against LTL 119.616 million a year ago. Net interest income was LTL 80.860 million against LTL 79.198 million a year ago. Net interest income after impairment losses was LTL 77.740 million against LTL 81.864 million a year ago. Profit before income tax was LTL 82.179 million against LTL 82.195 million a year ago. Net profit for the period attributable to owners of the bank was LTL 70.941 million against LTL 69.944 million a year ago. For the nine months, the group reported interest income of LTL 349.654 million against LTL 355.826 million a year ago. Net interest income was LTL 238.263 million against LTL 216.205 million a year ago. Net interest income after impairment losses was LTL 230.822 million against LTL 196.507 million a year ago. Profit before income tax was LTL 250.727 million against LTL 198.046 million a year ago. Net profit for the period attributable to owners of the bank was LTL 219.460 million against LTL 167.455 million a year ago. Net cash from operating activities was LTL 3,349.231 million against net cash to operating activities of LTL 2,889.790 million a year ago. For the quarter, the bank reported interest income of LTL 115.793 million against LTL 119.495 million a year ago. Net interest income was LTL 80.510 million against LTL 79.073 million a year ago. Net interest income after impairment losses was LTL 77.790 million against LTL 81.739 million a year ago. Profit before income tax was LTL 79.913 million against LTL 79.697 million a year ago. Net profit for the period attributable to owners of the bank was LTL 68.103 million against LTL 67.812 million a year ago. For the nine months, the bank reported interest income of LTL 349.690 million against LTL 355.465 million a year ago. Net interest income was LTL 238.283 million against LTL 215.834 million a year ago. Net interest income after impairment losses was LTL 230.842 million against LTL 196.136 million a year ago. Profit before income tax was LTL 247.822 million against LTL 199.144 million a year ago. Net profit for the period attributable to owners of the bank was LTL 216.531 million against LTL 169.582 million a year ago. Net cash from operating activities was LTL 3,340.861 million against net cash to operating activities of LTL 2,884.576 million a year ago.

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