European Merchant Bank (“EMBank”) started its third year of operations in Lithuania profitably, earning a net profit of EUR 131 thousand over the first half of the year, compared to a EUR 709 thousand net loss over the same period last year. These improved results...
As an increasingly accepted industry standard, embedded payment systems offer new companies a myriad of benefits. As a technology, it is fast and convenient for customers, it builds customer loyalty, and it can provide another stream of revenue. Below we take a deeper...
The fintech industry is disrupting the traditional banking system by using innovative technology to provide more responsive customer service and meet customer expectations. Mobility, accessibility, and convenience have given the fintech industry an edge over legacy...
It was not too long ago that working from anywhere in the world, shopping for groceries at home, or using a phone to control your household appliances was a futuristic dream. Today, these technological advancements are common everyday experiences. Likewise, the way we...
The fintech sector is growing worldwide at a rapid pace. Entrepreneurs are taking advantage of this sector's opportunities to attract customers and disrupt the commercial and investment banking industry. However, the fintech sector does not have robust AML &...
The European Central Bank (ECB) licensed bank, European Merchant Bank (EMBank), is now in its third year of operations in Lithuania and reported a profitable first quarter for 2022. The bank posted a profit of EUR 54 thousand in the first quarter of 2022, as opposed...
Eugenijus Preikša, who has more than 35 years of experience in the financial and banking sector and also holds the position of Chief Risk Officer has joined the Board of European Merchant Bank, as a new member. “From the very beginning of the European Merchant Bank's...
Embedded finance is a trend that is increasing in popularity as the banking landscape becomes more diverse and convenient. This trend in banking is becoming an integral part of many non-traditional financial services. It will continue to become a prominent trend in...
For European Merchant Bank, which holds a banking licence from ECB and has been operating in Lithuania since 2019, the results for last year were the best in its history. The bank has significantly improved in all its operating metrics, according to the Bank’s audited...
2022 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB
2022 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB
