Bank subsidiaries
SB Lizingas UAB
SB Lizingas UAB provides all leasing services and is one of the leading companies in the consumer leasing market in Lithuania. The on-line system installed in this leasing company provides an opportunity to conclude a consumer credit agreement in the shortest possible time only at sales venues directly.
SB Lizingas UAB currently employs 50 professionals.
Life Insurance company SB Draudimas UAB
SB Draudimas is a life insurance company that has been successfully operating in Lithuania since 2000 and provides services for the family's financial security. The company's experienced and qualified insurance consultants offer life insurance solutions tailored to the needs of a specific family, which are flexibly adapted to the changing circumstances of life. Šiaulių Bankas AB owns 100% of the shares of SB Draudimas UAB.
SB Turto Fondas UAB (formely Šiaulių Banko Turto Fondas UAB)
SB Turto Fondas UAB is a subsidiary of Šiaulių Bankas AB, established on August 13, 2002. The company's shareholder Šiaulių Bankas AB owns 100% of the company's votes.
SB Turto Fondas is a real estate management and administration company that performs real estate acquisition and sale operations and rents buildings and premises owned by the right of ownership throughout Lithuania.
UAB SB modernizavimo fondas
UAB SB modernizavimo fondas - in April 2022 a special purpose company was established, which attracted 275 million EUR fund of international financial institutions and private capital funds, which will be used to finance multi-apartment renovation projects in Lithuania until 2025. the end
AB Šiaulių bankas owns 100% of UAB SB modernizavimo fondas shares.
SB Asset Management UAB
SB Asset Management UAB is a subsidiary of Šiaulių Bankas AB, established on February 7, 2023. The company's shareholder Šiaulių Bankas AB owns 100% of the company's shares.
SB Asset Management UAB was established to properly prepare for the implementation of the agreement signed on 22 November 2022 regarding the merger of Invalda INVL AB retail asset management and life insurance businesses with Šiaulių Bankas AB (see. Notice), and which after the transaction closing date would take over the management business of pension funds and investment funds for its further development.
UAB SB modernizavimo fondas 2
Securitization UAB SB modernizavimo fondas 2 - in March 2024 a special purpose company was established, which attracted 200 million EUR fund of international financial institutions and private capital funds, which finance multi-apartment renovation projects in Lithuania.
AB Šiaulių bankas owns 100% of UAB "SB modernizavimo fondas" shares.
Subsidiaries of Šiaulių Bankas AB include Šiaulių Banko Lizingas UAB which does not operate separately as the company's activities are integrated into the system of Šiaulių Bankas AB.