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financial markets of Baltic states. It was during this early period of rapid expansion that
American investor and tycoon, Raymond Staples, became one of the first western investors to acquire a significant stake in the bank's now public shares. The year 1998 marks the period of mergers in the history of the bank. In April 1998, Hansabank merged with
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In 1996, Hansabank established its presence in the largest of the Baltic states, Lithuania. Differently from
Estonia and Latvia, the first company set up there was Hansa Leasing Lithuania. In 1996 Hansabank Markets were created on the basis of bank's financial markets division; this unit dealt with
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Following a decision taken by the
Swedbank group on 15 September 2008, the name Hansapank/Hansabanka/Hansabankas or Hansabank internationally was discontinued end of 2008 with all operations rebranded under the Swedbank name as of 1 January 2009. The legal name of the bank changed in spring 2009.
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The following year the bank set up its first subsidiary, AS Hansa
Liising (Hansa Leasing), which focused on selling leasing products. In 1995 Hansabank also opened a branch in Riga, the capital of the neighbouring country Latvia and Hansa Liising's subsidiary, AS Hansa Leasing Latvia, was also
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and converted into a joint-stock company in 1992. At the time, LTB was
Lithuania's largest banks by assets and in terms of branch network. LTB was rebranded Hansa-LTB in 2001, then Hansabank in 2003 and Swedbank in 2009.
129:. In June 1998, the holding company of the Hansa Leasing Group, Hansa Capital, and Hoiupanga Liising (Hoiupank Leasing) signed a sales agreement. In September 1998, Hansabank Latvia and Hoiupank's Latvian subsidiary,
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On 10 March 2005 Hansabank successfully completed the acquisition of the Moscow-based OAO Kvest bank in Russia, which briefly operated under the
Hansabank brand but has since been renamed Swedbank.
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In July 1999, Hansabank's
Lithuanian subsidiary Hansabankas opened its doors to clients in Vilnius, adding commercial banking to the services provided by Hansabank Group in Lithuania.
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Following the decision to rebrand the bank under the
Swedbank name, a number of branches were renamed as Swedbank in autumn 2008. The legal name of the bank changed in spring 2009.
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was formed and
Hansabank's Latvian consumer banking was expanded through a merger with the German-Latvian Bank (Deutsche-Lettische Bank).
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between 1992 and 2008. It started in
Estonia and expanded to Latvia in 1995 then Lithuania in 1996. It was acquired by
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The Swedish banking group Swedbank obtained 50% of the group shares in 1998. It now owns 100% of Hansabank.
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In 1994, some of the funds for the illegal sale and illegal shipments of Russian weapons during the
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Retail banking, Corporate banking, Asset management, Investment management, Leasing (hire-purchase)
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Retail banking, Corporate banking, Asset management, Financial markets, Leasing (hire-purchase)
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In the Baltic states, the main competitor of the Hansabank Group is the Swedish banking group
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In 2001, Hansabank acquired a 90.73 percent stake in the previously state-owned
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Retail banking, Corporate banking, Asset management, Leasing (hire-purchase)
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The history of the Hansabank Group dates back to 1 July 1991 when
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The same year Swedish FöreningSparbanken (currently
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415:Hansabankas' (Lithuania) homepage
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348:"Hansabank history | Swedbank"
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373:"Lietuvos taupomasis bankas"
58:banking group operating in
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440:Defunct banks of Lithuania
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169:Savings Bank of the USSR
32:Not to be confused with
27:Company based in Estonia
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254:Source: Hansabank Group
241:Hansabankas, Lithuania
157:Lithuanian Savings Bank
293:oil for food programme
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96:Tartu Commercial Bank
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220:Scope of activities
275:SEB Vilniaus bankas
233:Hansabanka, Latvia
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267:SEB Eesti Ühispank
251:Source: Hansabanka
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332:swedbank.lt
284:Controversy
201:Hansabankas
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131:Zemes Banka
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48:Hansa Group
424:Categories
312:References
193:Hansabanka
161:Lithuanian
18:Hansa Bank
209:Hansabank
205:Lithuania
185:Hansapank
111:Jüri Mõis
92:Hansapank
72:Stockholm
68:Lithuania
357:13 April
299:See also
147:Swedbank
137:Wikidata
76:Swedbank
189:Estonia
107:Estonia
86:History
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359:2021
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