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...
Press Releases
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...
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...
Eugenijus Preikša became a member of the Board of European Merchant Bank
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...
EMBank 2021 results: 13x revenue growth and EUR 27.7 million growth in loan portfolio!
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...
EMBank chooses its communication partner
Lithuanian Digital Bank European Merchant Bank has chosen communications agency Brandnomika as its communications partner. Brandnomika will manage EMBank's corporate image and increase its brand awareness in Lithuania and globally. "We started operations in Lithuania...
European Merchant Bank ended the third quarter of 2021 with a 48% increase in the total loan portfolio
European Merchant Bank, which holds a specialized banking license and has been operating in Lithuania since late 2019, has ended the third quarter of 2021 with a record size of loan portfolio. In September 2021, EMBank’s accumulated loan portfolio reached 29,7 mln....
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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