Company Overview of Swedbank, AB
Swedbank, AB provides a range of banking services to private individuals and companies in Lithuania and internationally. It offers services for private customers, including payment cards; electronic banking services; lending and leasing products, such as home and consumer loans, and leasing services; and financial derivative services. The company also provides services for corporate customers comprising loan and leasing products that include investment loans and working capital loans; management of free funds; electronic banking services; e-commerce services; payment cards; and financial risk management services consisting of management of exchange rate and interest rate fluctuation risks, a...
Konstitucijos Av. 20A
Founded in 1999
Key Executives for Swedbank, AB
Chief Executive Officer and President
Deputy Chairperson of the Management Board & Head of Finance Division
Chief Executive Officer of Swedbank Group
Deputy Chairperson of Management Board, Head-Credit & Operational Risk Division & Deputy Head-Admin
Deputy Chairperson of the Management Board & Head of Competence Centre Corporate
Compensation as of Fiscal Year 2017.
Swedbank, AB Key Developments
Swedbank Lithuania Reports Earnings Results for the First Half Ended June 2017
Jul 19 17
Swedbank Lithuania reported earnings results for the first half ended June 2017. For the period, the company netted EUR 56 million in net profit, up by 21%, from EUR 46 million, year-on-year. Revenue grew by 14% to EUR 105 million year-on-year. Its net interest income rose by 11.8% to EUR 57 million.
Swedbank Lithuania Reports Earnings Results for 2016
Feb 2 17
Swedbank Lithuania reported earnings results for 2016. For the period, the company reported net profit rose by 19% to EUR 101 million from EUR 85 million in 2015. The bank's revenue last year totaled EUR 196 million. Net interest income rose by 12% to EUR 109 million, while net commission income edged down by 1% to EUR 72 million.
Swedbank Lithuania Reports Earnings Results for the Nine Months of 2016
Oct 25 16
Swedbank Lithuania reported earnings results for the nine months of 2016. For the period, the company’s net profit jumped by 26% year-on-year to EUR 59 million. The bank's total revenue increased by 6% EUR 143 million. Net interest income rose by EUR 9 million or 13% to EUR 79 million.
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