March 27, 2017 8:29 AM ET

Banks

Company Overview of AB DNB Bankas

Company Overview

AB DNB Bankas provides financial products and services to private and corporate customers in Lithuania. It offers bank accounts; and escrow services, standing orders, e-invoice, fees collection, daily service kits, salary payments, money transfers, and bills of exchange services, as well as rents safe-deposit boxes. The company also provides term and savings deposits; and DNB Trade, an online trading platform. In addition, it offers mortgage loans, consumer loans, car leasing, private credits, student loans, credit line with bank account, overdrafts, and factoring services; and trade finance services, such as documentary credits, documentary collections, and bank guarantees, as well as offer...

J. Basanaviciaus Street 26

Vilnius,  03601

Lithuania

Founded in 1924

Phone:

370 52 393444

Fax:

370 52 139057

Key Executives for AB DNB Bankas

Chairman of Management Board, Chief Executive Officer and President
Age: 53
Vice Chairman of Management Board and Executive Vice President of Finance Division
Age: 43
Head of Internal Audit Department, Executive Vice President of IT & Operations Division and Member of Management Board
Age: 40
Executive Vice President of Corporate Banking and Member of Management Board
Age: 38
Executive Vice President of Risk Management and Member of Management Board
Compensation as of Fiscal Year 2016.

AB DNB Bankas Key Developments

AB DNB Bankas Reports Earnings Results for the Nine Months Ended September 2016

DNB Bankas reported earnings results for the nine months ended September 2016. The company reported EUR 20.6 million in net profits for January through September 2016, up 30.4% from EUR 15.8 million a year ago. Revenue for the nine months rose by 11.2% to EUR 88 million.

DNB Lithuania Reports Group Unaudited Earnings Results for the Nine Months Ended September 2015

DNB Lithuania reported group unaudited earnings results for the nine months ended September 2015. The company's profit after taxes in the first nine months of 2015 came at EUR 15.8 million compared to EUR 11.5 million in the same period the year before. This year's uniqueness, which also defines the challenges for Lithuanian banking sector, is the introduction of euro and negative base rate. These factors led to the decreased bank's earnings. The company’s income was decreased by EUR 2.5 million year-on-year to EUR 79.2 million. The net interest income was EUR 47.3 million in the first nine months of the year compared to EUR 48.5 million in the corresponding period a year ago.

DNB Lithuania to Report Fiscal Year 2015 Results on Feb 04, 2016

DNB Lithuania announced that they will report fiscal year 2015 results on Feb 04, 2016

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Recent Private Companies Transactions

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