European Merchant Bank UAB — Company Profile

European Merchant Bank UAB (often branded as EMBank) is a Lithuanian specialized bank focused on serving small and medium-sized enterprises (SMEs) with lending, payments, and day-to-day business banking services. The bank operates under authorization and supervision by the Bank of Lithuania, within the country’s specialized bank regime designed to encourage competition and innovation in financial services.

Company Overview

Legal name: European Merchant Bank UAB
Brand: EMBank
Legal form: Uždaroji akcinė bendrovė (UAB, Private Limited Liability Company)
Industry: Banking (Specialized bank), Financial services (SME banking, payments, lending)
Headquarters: Vilnius, Lithuania
Founding/Launch of operations: The bank received authorization to operate as a specialized bank from the Bank of Lithuania in the late 2010s. Exact founding date is not confirmed in the public sources accessible here; the bank’s market entry is widely reported within the 2018–2019 period.

Legal Information

Įmonės kodas (Company registration code): Not available in the sources accessible here. This is typically listed in the Lithuanian Centre of Registers business registry and on the bank’s official website.

PVM kodas (VAT code): Not available in the sources accessible here. Lithuanian VAT codes usually begin with “LT” followed by the company code; confirm via the State Tax Inspectorate (VMI) or the Centre of Registers.

Regulatory status: Licensed specialized bank supervised by the Bank of Lithuania (LB).
Licensing framework: Operates under Lithuanian and EU banking regulations applicable to specialized banks (including prudential requirements tailored for specialized institutions).

Official website: Not conclusively verified here. Public mentions often reference domains such as “em.bank” or “embank.lt”; please verify on the Bank of Lithuania registry or the Centre of Registers.

Email address: Not available in the sources accessible here; typically published on the official website (e.g., a general inbox such as “info@…”) and on public registries.

Registered office address: Vilnius, Lithuania (full street address not confirmed in accessible sources).
Phone number: Not available in the sources accessible here. Banks generally publish a main switchboard and client support line on their official sites.

Business Operations

Main products and services:
- Business current accounts and online banking for Lithuanian and EU/EEA clients.
- Domestic and international payments (including SEPA transfers), account services, and payment cards.
- SME financing (working capital loans, investment loans, overdrafts).
- Trade finance and factoring solutions for businesses.
- Term deposits and treasury/FX services for corporate clients (subject to product availability).

Business model: EMBank’s model focuses on SME banking with a digital-first approach, combining remote onboarding (where permitted), streamlined underwriting processes, and sector-focused risk management. Revenue is primarily derived from net interest income on lending and fee income from payments, accounts, cards, and related services.

Market position: Operates in Lithuania’s specialized bank segment, competing with established universal banks and newer specialized/SME-focused banks. The bank’s niche emphasis on SME lending and payments positions it as a challenger providing tailored credit solutions and modern transaction banking.

History

Foundation and licensing: European Merchant Bank UAB emerged within Lithuania’s policy drive to attract innovative banking entrants through specialized bank licenses. The Bank of Lithuania announced several new specialized banks in the late 2010s; EMBank is among those institutions that subsequently began operations.

Key milestones (indicative):
- Authorization as a specialized bank by the Bank of Lithuania (late 2010s).
- Launch of SME lending and core banking services.
- Integration of SEPA payments via national infrastructures (e.g., CENTROlink) typical for Lithuanian banks; specific platform membership should be verified.
- Progressive build-out of risk, compliance, and technology teams; expansion of product suite for SMEs.

Major developments: EMBank’s growth narrative mirrors Lithuania’s broader fintech and banking ecosystem expansion, focusing on digital servicing, faster credit decisioning for SMEs, and partnerships to extend payments and merchant capabilities.

Financial Information

Revenue and profitability: Not publicly available in the sources accessible here. As a privately held Lithuanian specialized bank, EMBank publishes statutory financial statements via national registries and may provide summary financials on its website or regulatory filings.

Capital and funding: The bank is capitalized to meet Bank of Lithuania requirements for specialized banks. Additional funding or capital injections, if any, are not publicly detailed in the sources accessible here.

Ownership structure: Privately held; detailed shareholder composition is not available in the sources accessible here. Ownership can be confirmed via the Centre of Registers and regulatory disclosures.

Leadership and Management

Key executives (vadovai): Full names and positions are not available in the sources accessible here. The bank typically maintains roles such as Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Risk Officer (CRO), Chief Compliance Officer (CCO), and Heads of Business Lines (e.g., Payments, Lending, Trade Finance).

Board and governance: As a licensed bank, EMBank maintains a management board and supervisory board in line with Lithuanian and EU banking governance requirements. Specific board members’ names should be verified on official disclosures.

Office Locations

Registered and operational offices:
- Vilnius (Head Office): Full street address and direct phone lines not available in the sources accessible here.
- Other locations: No additional offices confirmed in the sources accessible here. If present, branch addresses and contact numbers are typically listed on the official website and Bank of Lithuania records.

Market Position

Competitors in Lithuania:
- Specialized/SME-focused banks: SME Bank UAB, PayRay Bank UAB, Mano Bankas UAB.
- Universal banks with SME services: Šiaulių Bankas AB, Medicinos Bankas UAB, and foreign-owned banks such as Swedbank AB (Lithuania), SEB Bankas AB, and Luminor Bank AS (Lithuania).

Competitive advantages: Focus on SMEs, digital-first servicing, streamlined underwriting, and tailored trade finance/factoring solutions. Challenger positioning may allow faster decision cycles and more flexible product configurations compared to larger incumbents.

Market share: Not publicly available in the sources accessible here. Specialized banks typically hold modest but growing shares within targeted SME segments.

Recent Developments

Highlights (indicative):
- Continued expansion of SME lending portfolios and payment capabilities.
- Product enhancements in digital onboarding, internet banking, and card/payment solutions.
- Partnerships with fintech platforms, payment networks, or technology providers to extend services. Specific named partnerships should be verified via official announcements.

Contact Information

Official website: Not conclusively verifiable in the sources accessible here; commonly cited possibilities include “em.bank” and “embank.lt”. Please confirm via the Bank of Lithuania’s institution list.

Email: Not publicly available in the sources accessible here; banks often use “info@…”, “support@…”, or “sales@…” addresses listed on their sites.

Phone: Not publicly available in the sources accessible here.
Registered address: Vilnius, Lithuania (full address not confirmed in accessible sources).

Notes on Data Availability

Specific legal identifiers (įmonės kodas, PVM kodas), full street address, phone numbers, and named executives are normally published on official registries and the bank’s website. They were not accessible within the constraints of this profile preparation. For a fully verified dossier, consult the Lithuanian Centre of Registers (JAR/JADIS), the Bank of Lithuania’s official institution list, and the bank’s own disclosures.

Sources and References

- Bank of Lithuania (LB): Overview of licensed institutions and specialized banks — https://www.lb.lt/en/specialised-banks

- Bank of Lithuania (LB): Institution search (banks and specialized banks) — https://www.lb.lt/en/institutions

- Lithuanian Centre of Registers (Juridinių asmenų registras / JAR): Company filings and registration details — https://www.registrucentras.lt/

- Lithuanian Business Register (JARA) — https://www.jara.lt/

- Rekvizitai.lt (company directory; verify details for “European Merchant Bank UAB”) — https://rekvizitai.lt/

- State Tax Inspectorate (VMI) — VAT code verification — https://www.vmi.lt/

- Official company website (verify): “em.bank” or “embank.lt” if publicly confirmed by regulatory listings.

Disclaimer

This profile is compiled to provide a structured overview based on publicly known context about Lithuania’s specialized banking sector and EMBank’s positioning within it. Exact legal identifiers, full contact details, and named leadership were not accessible at the time of preparation and should be verified through the official sources listed above. If you can share specific links or documents, this profile can be updated with precise data.