Šiaulių bankas is a major commercial bank in Lithuania providing retail and commercial banking services.
Wiki English | |
Company type | Public company |
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Nasdaq Baltic: SAB1L | |
Industry | Financial services |
Founded | 4 February 1992 |
Headquarters | , |
Key people | Vytautas Sinius (CEO) |
Products | Retail banking, mortgage loans, corporate banking |
Revenue | €125.483 million (2022) |
€76.530 million (2022) | |
€63.614 million (2022) | |
Total assets | €3.029 billion (2022) |
Number of employees | 867 |
Website | sb |
It has been designated in 2019 as a Significant Institution under the criteria of European Banking Supervision, and as a consequence is directly supervised by the European Central Bank.
Šiaulių bankas was established in 1992. The bank took over assets from Ūkio bankas totaling LTL2,7 billion in 2013, for which the European Bank for Reconstruction and Development (EBRD) granted the bank a loan of LTL69 million.
As of 2018[update] the largest shareholder of the company's was the EBRD, owing 26% of the company's stock after converting loans to the bank into shares.
Since 1994 (in Secondary List) and since 2006 (in Main List), the company is listed in Nasdaq Vilnius.
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