February 24, 2017 1:10 AM ET

Banks

Company Overview of "Swedbank", AB

Company Overview

"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; financial risk management services consisting of management of exchange rate and interest rate fluctuation risks, and...

Konstitucijos Av. 20A

Vilnius,  03502

Lithuania

Founded in 1999

2,175 Employees

Phone:

370 5 268 4444

Fax:

370 5 258 2700

Key Executives for "Swedbank", AB

Chief Executive Officer and President
Age: 53
Deputy Chairman of the Board and Head of Finance Division
Chief Executive Officer of Swedbank Group
Age: 67
Deputy Chairman of the Board, Head of Credit & Operational Risk Division and Deputy Head of Administration
Deputy Chairman of Board and Head of Competence Centre Corporate
Compensation as of Fiscal Year 2016.

"Swedbank", AB Key Developments

Swedbank Lithuania Reports Earnings Results for 2016

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

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.

Swedbank Lithuania Reports Earnings Results for the First Half of 2016

Swedbank Lithuania reported earnings results for the first half of 2016. For the period, net profit jumped to EUR 46 million, up 27% from EUR 36 million a year earlier. Total revenue increased by 4% year-on-year to EUR 92 million. Net interest income rose by 8% to EUR 51 million, while net commission income fell by 3% to EUR 34 million.

Similar Private Companies By Industry

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"Swedbank", AB Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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