The following list of banks in Lithuania is to be understood within the framework of the European single market and European banking union, which means that Lithuania's banking system is more open to cross-border banking operations than peers outside of the EU.
Policy framework
European banking supervision distinguishes between significant institutions (SIs) and less significant institutions (LSIs), with SI/LSI designations updated regularly by the European Central Bank (ECB). Significant institutions are directly supervised by the ECB using joint supervisory teams that involve the national competent authorities (NCAs) of individual participating countries. Less significant institutions are supervised by the relevant NCA on a day-to-day basis, under the supervisory oversight of the ECB.[1] In Lithuania's case, the NCA is the Bank of Lithuania.[2]
Significant institutions
As of 2025-9-1, the ECB had three Lithuanian banking groups in its list of significant institutions:[3]
Swedbank operates in Lithuania via a branch of its Latvian subsidiary Swedbank Baltics AS. A study published in 2024 assessed that Swedbank was the bank with most aggregate assets in Lithuania (as opposed to total consolidated assets), with €18.5 billion as of end-2023, followed by SEB (€13.8 billion), Revolut (€12.1 billion), and Šiaulių (now Artea, €4.6 billion).[4] Additional branches include Danske Bank Lithuania (for Danske Bank) and the Lithuanian branch of Luminor Bank. Aside from Riga-based Swedbank Baltics AS, no other SIs based in the euro area have subsidiaries in Lithuania.[3]
Less significant institutions
As of 2025-9-1, the ECB's list of supervised institutions included 16 Lithuanian LSIs:[3]
Of these, only Lietuvos Centrinė Kredito Unija was designated by the ECB as "high-impact" on the basis of several criteria including size.[3]
As of October 2025, there were no branches of banks located outside the European Economic Area ("third-country branches" in EU parlance) in Lithuania, based on data compiled by the European Banking Authority.[6]
- European Merchant Bank Holdings UAB
- European Merchant Bank UAB
- Finora Capital AS, Estonian holding entity
- Finora Bank UAB
Credit unions
Lithuania is one of six euro-area countries with credit unions, together with Croatia, Estonia, Ireland, Latvia, and the Netherlands. whereas the Centrinė Kredito Unija is designated as LSI, the other Lithuanian credit unions are outside the scope of the EU Capital Requirements Directives,[7] and thus regulated and supervised under national law. At end-2023, there were 59 such Lithuanian credit unions (including Centrinė Kredito Unija), with total assets of ca. €1.43 billion (US$1.55 billion).[8]
Other credit institutions
The Bank of Lithuania and Asset Bank are public credit institutions that do not hold a banking license under EU law.
Defunct Banks
Several former Lithuanian banks, defined as having been headquartered in the present-day territory of Lithuania, are documented on Wikipedia. They are listed below in chronological order of establishment.
- Vilnius Land Bank (1872-1939)
- Trade and Industry Bank (1918-1927)
- Central Jewish Bank (1920-1940)
- Lithuanian Cooperative Bank (1920-1940)
- Lithuanian Land Bank (1924-1940)
- Lithuanian Innovation Bank (1988-1996)
- Ūkio bankas (1989-2013)
- Hermis Bank (1991-2000)
- Litimpeks (1991-1999)
- New Vilnius Commercial Bank (1991-?)
- Sekundės Bank (1991-1994)
- Tauro Bankas (1991-1997)
External links
See also
- List of banks in the euro area
- List of banks in Europe
References
- What are less significant institutions? European Central Bank, 2024-8-2^
- Members and Observers European Banking Authority, retrieved 2025-11-19^
- List of supervised entities - Cut-off date for changes in group structures: 1 September 2025