AB Artea bankas

AB Artea bankas, operating as Artea Bank, is a major commercial bank in Lithuania providing a comprehensive range of retail and corporate banking services. Established in 1992 as Šiaulių Bankas, the institution rebranded to Artea Bank on May 5, 2025, to unify its group companies under a single brand and reflect its strategic transformation. The bank's mission is to contribute to the financial well-being of residents, businesses, and the country as a whole, emphasizing accessible, flexible, and modern banking solutions. Its headquarters are located in Šiauliai, Lithuania.

Artea Bank offers a diverse portfolio of financial products and services, including current accounts, debit and credit cards, savings and time deposit accounts, consumer and mortgage loans, and trading accounts. Through its subsidiaries, the bank also provides leasing, life insurance, and asset management services, encompassing pension and investment funds. The bank focuses on serving individuals and companies, with a particular emphasis on financing small and medium-sized enterprises (SMEs). Additionally, Artea Bank is actively involved in residential renovation projects and the financing of energy-saving systems across Lithuania.

As of 2025, Artea Bank held the position of the 4th largest bank in Lithuania, with a market share of 7.15% and significant growth in total assets. The bank is publicly traded on Nasdaq Vilnius under the ticker ROE1L, having previously traded as SAB1L. It is designated as a Significant Institution under European Banking Supervision and is directly supervised by the European Central Bank. In April 2026, Moody's Ratings upgraded AB Artea bankas' long-term deposit rating to A3 with a positive outlook, acknowledging the strategic changes aimed at enhancing profitability and operational efficiency. The bank's leadership includes Vytautas Sinius as Chairman and CEO, and its major shareholders include Invalda INVL, Willgrow, EBRD, and Tesonet Global.