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AB SEB Bankas is a
AB SEB bankas
Banks of Lithuania Banks established in 1990 Companies based in Vilnius Lithuanian companies established in 1990 {{Lithuania-company-stub
AB SEB Bankas is a commercial bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit.
It can also refer to a bank, or a division of a large bank, which deals with co ...
in Lithuania. It is the Lithuanian subsidiary of one of the largest Swedish
Swedish or ' may refer to:
Anything from or related to Sweden, a country in Northern Europe. Or, specifically:
* Swedish language, a North Germanic language spoken primarily in Sweden and Finland
** Swedish alphabet, the official alphabet used by ...
banks, the SEB Group
Skandinaviska Enskilda Banken AB (, abbreviated SEB, is a northern European financial services group headquartered in Stockholm, Sweden. In Sweden and the Baltic countries, SEB has a full financial service offering. In Denmark, Finland, Norway, ...
.
History
It was registered as a public company in the Enterprise Register of the Republic of Lithuania on 29 November 1990 as ''Spaudos bankas'', which was soon renamed as ''AB Vilniaus bankas''. Vilnaus bankas introduced the firstVisa
Visa most commonly refers to:
*Visa Inc., a US multinational financial and payment cards company
** Visa Debit card issued by the above company
** Visa Electron, a debit card
** Visa Plus, an interbank network
*Travel visa, a document that allows ...
credit card to Lithuania in 1993 and launched the first ATM machines in Lithuania in 1995. Vilnaus bankas signed a strategic cooperation agreement with SEB Group
Skandinaviska Enskilda Banken AB (, abbreviated SEB, is a northern European financial services group headquartered in Stockholm, Sweden. In Sweden and the Baltic countries, SEB has a full financial service offering. In Denmark, Finland, Norway, ...
of Sweden in 1998 and fully rebranded itself after said Swedish parent company in 2008.
Structure
SEB Bank’scorporate group
A corporate group or group of companies is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager. The concep ...
in Lithuania includes SEB Bank as well as its subsidiary company SEB Investicijų Valdymas, a fully owned subsidiary engaged in provision of investment management services,
Other SEB-owned entities operating in Lithuania are:
* SEB Gyvybės Draudimas, a life insurance company,
* Litectus, a real estate management company
* Skandinaviska Enskilda Banken AB, Vilnius Branch, a shared service center of the SEB Group established on 6 October 2008 in Vilnius, providing back office services (operations, IT, HR and finance) to SEB units worldwide.
The largest shareholder of SEB Bank is Skandinaviska Enskilda Banken, owning 100 percent of the bank’s shares.
See also
* Skandinaviska Enskilda Banken *SEB Pank
SEB Pank is an Estonian bank, owned by the Swedish
Swedish or ' may refer to:
Anything from or related to Sweden, a country in Northern Europe. Or, specifically:
* Swedish language, a North Germanic language spoken primarily in Sweden and Finl ...
(Estonia
Estonia, formally the Republic of Estonia, is a country by the Baltic Sea in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the sea across from Sweden, to the south by Latvia, a ...
)
* SEB banka ( Latvia)
External links
AB SEB bankas
Banks of Lithuania Banks established in 1990 Companies based in Vilnius Lithuanian companies established in 1990 {{Lithuania-company-stub