SEB Bank a subsidiary of Swedish SEB

Skandinaviska Enskilda Banken

Skandinaviska Enskilda Banken AB is a Swedish financial group for corporate customers, institutions and private individuals with headquarters in Stockholm, Sweden. Its activities comprise mainly banking services, but SEB also carries out significant life insurance operations and also owns Eurocard...

 Group, is a commercial bank

Commercial bank

After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...

 of Lithuania

Lithuania

Lithuania , officially the Republic of Lithuania is a country in Northern Europe, the biggest of the three Baltic states. It is situated along the southeastern shore of the Baltic Sea, whereby to the west lie Sweden and Denmark...

. It was registered as a public company in the Enterprise Register of the Republic of Lithuania

Lithuania

Lithuania , officially the Republic of Lithuania is a country in Northern Europe, the biggest of the three Baltic states. It is situated along the southeastern shore of the Baltic Sea, whereby to the west lie Sweden and Denmark...

 on 29 November 1990. As of 2009, SEB Bank is providing services to about one million customers all over Lithuania

Lithuania

Lithuania , officially the Republic of Lithuania is a country in Northern Europe, the biggest of the three Baltic states. It is situated along the southeastern shore of the Baltic Sea, whereby to the west lie Sweden and Denmark...

.

SEB Bank’s Group in Lithuania includes SEB Bank as well as its four subsidiary companies:

• SEB Lizingas, a fully owned subsidiary engaged in the leasing
  Leasing
  Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic, tax deductible payments....
  
   activities,
• SEB Venture Capital, a fully owned subsidiary involved in venture capital
  Venture capital
  Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
  
   activities,
• SEB Enskilda, a fully owned subsidiary engaged in provision of corporate finance
  Corporate finance
  Corporate finance is the area of finance dealing with monetary decisions that business enterprises make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximize shareholder value while managing the firm's financial risks...
  
   services,
• SEB Investicijų Valdymas, a fully owned subsidiary engaged in provision of investment management
  Investment management
  Investment management is the professional management of various securities and assets in order to meet specified investment goals for the benefit of the investors...
  
   services,

Also, SEB owned entities operating in Lithuania are:

• SEB Gyvybės Draudimas, a life insurance company,
• Litectus, a real estate management company
• Skandinaviska Enskilda Banken AB, Vilnius Branch, established on 6 October 2008 with the function of managing accounts of a certain part of SEB customers in Sweden, as well as providing other back office services to SEB units.

The largest shareholder of SEB Bank is Skandinaviska Enskilda Banken

Skandinaviska Enskilda Banken

Skandinaviska Enskilda Banken AB is a Swedish financial group for corporate customers, institutions and private individuals with headquarters in Stockholm, Sweden. Its activities comprise mainly banking services, but SEB also carries out significant life insurance operations and also owns Eurocard...

, owning 99.71 percent of the bank’s shares.