UAB SME Bank

This profile summarizes publicly discussed information about UAB SME Bank (Lithuania). Where exact legal or contact data could not be verified from primary sources available to this compilation, that is clearly noted. Readers should confirm critical legal identifiers and contacts directly on the official website or Lithuanian public registries.

Company Overview

Legal name: UAB SME Bank (specializuotas bankas)
Country: Lithuania
Headquarters: Vilnius, Lithuania (exact registered address provided under Legal Information, if available)
Industry sector: Banking and financial services (specialized bank focused on small and medium-sized enterprises)
Founding and launch: The bank was established following the specialized bank licensing framework in Lithuania. Public reporting indicates that UAB SME Bank obtained its specialized bank license from the Bank of Lithuania and commenced operations in the 2020–2021 period (precise dates should be confirmed via Bank of Lithuania registers and company filings).
Supervision: Supervised by the Bank of Lithuania under Lithuanian and EU banking regulations.

Legal Information

Įmonės kodas (company code): Not confirmed in this compilation. Please verify via Registrų centras (Juridinių asmenų registras) or the Bank of Lithuania register.
PVM kodas (VAT code): Not confirmed in this compilation. Please verify via VMI (Valstybinė mokesčių inspekcija) or the company’s official disclosures.
Registered office address: Not confirmed in this compilation. Please verify on smebank.lt or in Registrų centras.
Official website: smebank.lt
General email: Not confirmed in this compilation. Common practice is to publish a general contact email on the official website’s Contact page (e.g., info@ or support@ domain). Please check smebank.lt for the current email address.
Main phone number: Not confirmed in this compilation. Please refer to smebank.lt for the latest published contact phone.
Note: Lithuanian entities’ legal identifiers (įmonės kodas, PVM kodas) and the registered office address are reliably available through Registrų centras (JAR) and should be taken from those primary sources.

Business Operations

Main products and services:
- Business current accounts and payments (including SEPA transfers)
- Business payment cards and related digital banking services
- SME lending (e.g., investment/term loans, working capital financing, overdrafts, credit lines)
- Time deposits and treasury solutions tailored for SMEs
- Digital onboarding and remote service delivery for business clients

Business model: UAB SME Bank operates as a specialized bank targeting small and medium-sized enterprises, delivering core transactional banking alongside credit products through a predominantly digital-first model. The bank emphasizes streamlined onboarding, quicker credit assessments, and integrated services that fit into SMEs’ day-to-day operations.

Market positioning: Positioned as a challenger/specialized bank for SMEs in Lithuania, aiming to complement or compete with universal banks by offering faster, more tailored, and digitally driven services to business clients.

History

Founding story and milestones:
- Concept and formation period: UAB SME Bank emerged within Lithuania’s specialized bank regime, designed to lower market entry barriers for new banks focusing on niche segments such as SMEs.
- Licensing: Obtained a specialized bank license from the Bank of Lithuania (precise date should be confirmed in the central bank’s public register).
- Launch: Initiated public operations around 2020–2021, progressively broadening its product suite and client base.
- Developments: Expanded digital capabilities, payments infrastructure, and lending capacity for SME clients in Lithuania, aligning with ongoing regulatory compliance and prudential standards.

Financial Information

Revenue and financials: Audited annual financial statements for licensed banks are typically published and/or filed with regulators. Specific revenue and profit figures for UAB SME Bank were not independently verified in this compilation. Please consult the company’s annual reports, Bank of Lithuania publications, or the company’s website for the latest financial statements.
Funding and capital: As a licensed bank, UAB SME Bank maintains regulatory capital levels set by prudential requirements. Details on capital contributions, funding rounds (if any), and shareholder commitments should be confirmed through official filings and regulatory disclosures.
Ownership structure: UAB SME Bank is privately held. Public discourse has associated the bank’s creation with the SME-focused financial ecosystem in Lithuania; the precise shareholder list and ownership percentages must be verified in Registrų centras or the Bank of Lithuania public register.

Leadership and Management

Key executives (vadovai): Not confirmed in this compilation. Executive names and titles (e.g., CEO/Generalinis direktorius, CFO/Finansų direktorius, COO/Operacijų vadovas) should be taken from the official website, press releases, the Bank of Lithuania’s fit-and-proper disclosures, or Registrų centras.
Board members: Not confirmed in this compilation. Board composition (valdyba) and supervisory board (stebėtojų taryba), if applicable, should be verified via official filings and the central bank’s registers.
Note: Lithuanian banks’ executive and board rosters are published and updated through regulatory filings. Please consult those sources for authoritative listings.

Office Locations

Primary office: Vilnius, Lithuania (exact address and phone to be confirmed from official sources).
Other locations: No additional offices confirmed in this compilation. UAB SME Bank primarily operates digitally; any regional offices or service points should be verified on the official website.
Note: If the company maintains client service centers or physical branches, their addresses and phone numbers are typically provided on the official website’s Contacts page.

Market Position

Competitors:
- Universal banks serving SMEs: SEB (AB SEB bankas), Swedbank (Swedbank, AB), Luminor Bank AS Lithuanian branch, Citadele Bankas
- Specialized and challenger institutions: PayRay Bank (Lithuania), various fintechs and non-bank lenders offering SME finance solutions

Market share: Not publicly available in this compilation for SME-specific segments. Market share data for SME banking in Lithuania is generally reported through industry analyses or regulator publications and should be consulted directly.

Competitive advantages: Digital-first delivery; specialization in SME needs; potentially faster credit assessment and onboarding compared to traditional banks; focus on tailored business products and integrations supporting business operations.

Recent Developments

Recent public communications about UAB SME Bank have highlighted continued enhancement of digital banking features for business clients, growth in lending capacity, and the maturation of the specialized bank segment in Lithuania. Specific partnerships, product launches (e.g., payments innovations, card solutions), and expansion initiatives should be verified on smebank.lt and in reputable Lithuanian business media and regulatory releases.

Contact Information

Official website: smebank.lt
Email: Not confirmed in this compilation; please check smebank.lt for the current contact email.
Phone: Not confirmed in this compilation; please check smebank.lt for the current phone number.
Registered office address: Not confirmed in this compilation; refer to Registrų centras or the company’s website.

Sources and References

Primary sources to confirm legal, management, and financial information:
- Bank of Lithuania (Lietuvos bankas) public registers and supervisory disclosures: lb.lt
- Registrų centras (Juridinių asmenų registras) for company code, VAT code, registered office, and shareholder/board data: registrucentras.lt
- VMI (Valstybinė mokesčių inspekcija) for VAT information: vmi.lt
- Official company website and disclosures: smebank.lt
- Lithuanian business media and industry coverage (e.g., Verslo žinios, Delfi Verslas) for news and developments.

Note: This profile is intended as a structured overview. For authoritative, up-to-date data (especially legal identifiers, executive names, addresses, and phone numbers), always rely on the company’s official publications and Lithuanian public registries.