October 21, 2017 8:44 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; and financial risk management services consisting of management of exchange rate and interest rate fluctuation risks, a...

Konstitucijos Av. 20A

Vilnius,  03502

Lithuania

Founded in 1999

1,969 Employees

Phone:

370 5 268 4444

Fax:

370 5 258 2700

Key Executives for Swedbank, AB

Chief Executive Officer and President
Age: 54
Deputy Chairperson of the Management Board & Head of Finance Division
Chief Executive Officer of Swedbank Group
Age: 68
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

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

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.

Similar Private Companies By Industry

Company Name Region
AB Ukio bankas Europe
AIVA, prekybos namai, UAB Europe
UAB Medicinos Bankas Europe
AB SEB bankas Europe
Citadele Bankas AB Europe

Recent Private Companies Transactions

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

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
Bertelsmann AG Europe

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Swedbank, AB, please visit www.swedbank.lt. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.