The adage that nothing is more permanent than change has been more applicable to the financial sector than ever in recent years. The digital change train has already left the platform and is about to accelerate, but it is still possible to catch up. This is exactly...
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EMBank presents a new member of the supervisory board: Simona Grinevičienė
Simona Grinevičienė became a new independent member of the supervisory board for European Merchant Bank (EMBank). She has joined existing board members Ekmel Cilingir, Vygintas Bubnys and Hakan Türkmen. "I am proud to have been given the opportunity to join a rapidly...
EMBank is strengthening its credit risk management and has signed an agreement with Moody’s Corporation
European Merchant Bank (EMBank) has signed a cooperation agreement with Moody’s Corporation, one of the world’s largest international credit rating and market research companies. The bank is planning to step up the financing of small and medium-sized businesses (SMEs)...
EMBank doubles its revenue in the first half of the year while posting a profit in just its third year of operation
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...
Embedded Payments: The New Standard in Payment Technology
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...
Fintech vs Banks: Partners or Competitors?
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...
How Can Fintech Companies Improve Customer Experience?
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...
How Can Fintechs Conduct Regulatory Compliance Management?
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 &...
EMBank gains momentum – profit instead of losses and over 100 percent growth of the business loan portfolio
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...
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European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
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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