Sisukaart
Siauliu bankas
Name: Artea Bankas AB
Core business: Banking activities
Date of registration: 4 February 1992
Auditor: UAB "KPMG Baltics"
Date of equity listing (Secondary List): 29 November 1994
Date of equity listing (Main list): 11 December 2006
Market: Nasdaq Vilnius
Management Board
Vytautas Sinius (Chairman), Donatas Savickas, Daiva Šorienė, Mindaugas Rudys, Algimantas Gaulia, Tomas Varenbergas, Laura Križinauskienė
Supervisory Board
Valdas Vitkauskas (Chairman), Darius Šulnis, Tomas Okmanas, Mindaugas Raila, Gintaras Kateiva, Susan Gail Buyske, Monika Nachyla.
Background information
Artea is the largest Lithuanian capital bank, a steadily and consistently growing financial partner, paying special attention to retail banking, saving and investing, business financing and consumer financing solutions. Šiaulių Bankas serves its clients in 52 client service units in 34 cities and towns throughout Lithuania. The Bank was established in 1992. Šiaulių Bankas Group includes subsidiaries, which operate in the fields of asset management (Artea Asset Management), leasing (Artea lizingas), renovation (securitisation vehicles Artea Retrofit Fund 1 and Artea Retrofit Fund 2), life insurance (Artea Life Insurance).
The largest shareholders of Šiaulių bankas as of 31 May 2024, after the completion of the transactions between the European Bank for Reconstruction and Development (EBRD) and Invalda INVL, Tesonet Global and Willgrow, are: Invalda INVL – 19.93%, Willgrow – 8.97%, EBRD – 7.25%, Tesonet Global – 5.32%, Algirdas Butkus and related parties – 5.06%, The remaining shares have been acquired by institutional and retail investors.
Artea is active in the field of financing of small and medium-sized enterprises (SMEs) and is consistently increasing its market share in the financial sector. Artea also offers advanced everyday banking, services to individuals and businesses, provides investment, life insurance services, mortgage and consumer loans, actively participates in multi-apartment buildings renovation projects, finances the implementation of energy saving programmes in the country, and is a leader in renovation financing in Lithuania. One of the strongest investment management teams in the Baltics manages Tier II and Tier III pension funds, as well as open-end and closed-end investment funds for retail investors. The Bank one of leading issuer of bonds in Lithuania.
Artea is also an active broker on the Nasdaq Baltic market, which is a member of all three stock exchanges – Vilnius, Riga and Tallinn – as well as a participant in the Central Depository Nasdaq CSD.
Successful activities of Artea have been positively evaluated by such business and finance magazines as The Banker, Global Finance.
Contact Details
Address: Tilžės str.149, LT-76348 Šiauliai, Lithuania
Telephone: +370 37 301 337
E-mail: info@artea.lt; investors@artea.lt
Internet web-site: www.artea.lt
Contact person: Saulius Jarmalis, email: komunikacija@artea.lt