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May 05, 2015 3:36 AM 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

SEB Bankas Announces Group Earnings Results for the First Quarter of 2015

SEB Bankas announced group earnings results for the first quarter of 2015. The company reported EUR 18.4 million in net profit for the first quarter of 2015, up 12.2% from the year-earlier figure of EUR 16 million. The net earnings of SEB Bankas Group, including the bank's subsidiaries, rose by an annual 13.8% to EUR 18.2 million. The group's revenues shrank by 3% year-on-year to EUR 41 million.

SEB Bankas Proposes Dividend

SEB Bankas is planning to pay out its entire 2014 net profit of EUR 65.341 million as dividends. The shareholder meeting will be asked to distribute a total of EUR 319.323 million in profits, of which EUR 19.233 million is proposed to be transferred to the legal reserve and EUR 300.089 million to be carried forward into the next financial year.

AB SEB bankas, Annual General Meeting, Mar 31, 2015

AB SEB bankas, Annual General Meeting, Mar 31, 2015. Agenda: To consider the annual report; to consider the report of the auditor of the Bank; to consider the proposals of the Supervisory Council of the Bank; to consider the approval of the consolidated financial statements of the Bank for the year 2014; and to consider the appropriation of the year 2014 profit of the Bank.

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