We work for business, yet personal: accounts, payments, and financing
Mano Bank is a financial engine for businesses and residents, which works with its customers attentively and with personally approach. Our commitment is quality and experience that exceeds expectations. Our main goal is to become a private bank for your business.
By choosing Mano Bank, you will be able to communicate directly with a team of experienced experts who will efficiently and thoroughly handle your concerns. Customers have already appreciated our individual approach, and surely you will too.
First in Lithuania
In October 2018, we were the first in Lithuania to receive a specialised bank licence. We specialise in business loans and payment services. We boldly combine digital technologies and a business approach, saving time and effort for customers and partners. We understand how complex it is to run a business, so we offer solutions to make your operations easier. With innovative banking at our disposal, you can trust us to always be one step ahead.
We believe that sustainable growth is the basis for success, thus, we strive to have a positive impact on business and society.
Rapidly Expanding Bank
We are a young, fast-growing bank with an ambitious goal of double-digit annual growth, however, in a sustainable manner, in line with the United Nations’ Sustainable Development Goals. We believe that sustainable growth is the basis for success, thus, we strive to have a positive impact on business and society.
We are directly connected to the SWIFT, SEPA and TARGET2 international payment networks, offering our customers seamless international transfers worldwide.
In cooperation with the European Investment Fund (EIF), we provide loans to small and medium-sized businesses in Lithuania under favourable terms. The guarantees provided by the EIF allow us to offer professional financing solutions that enable the development of local companies and promote the growth of the country’s economy.
Mano Bankas AB is a bank holding a specialised bank license whose activities are supervised and controlled by the Bank of Lithuania.
Our values. What we believe in
We always strive for the best result through the simplest possible process. This requires speed and flexibility in responding to situations and changing circumstances.
We speak clearly, act rationally and promise responsibly. This allows for the formation of a strong and sustainable ecosystem of relationships, creating prosperity today and in the long term.
We take a long-term view, assessing the future outcome and its impact on all parties involved. We do this with respect for people, nature and the accumulated experience, which allows us to improve.
Important Facts. How We Grow in 2024 Q3
Financial Transparency
2024 year financial reports
2023 year financial reports
Other Reports
Our Journey
Mano Bank contributes to society by protecting the forests of Lithuania, investing in the defence of the country and the success of the country’s athletes
Mano Bank applies a values-based support policy and supports three main areas. The largest support is provided to Ukraine and the Lithuanian Riflemen’s Union, and to the area of sustainability, where the Ancient Woods Foundation has been supported for the second year in a row. Finally, of course, sports – last year we started establishing a relationship with tennis. A new tennis arena built in Klaipeda was named Mano Bank Arena, and this year we were very eager to contribute to the historical opportunity of the beach volleyball pair to represent Lithuania for the first time at the Olympic Games.
One of the best banks in Lithuania in terms of operational efficiency
During the entirety of 2023, Mano Bank exhibited exemplary operational efficiency compared to other financial institutions in the banking sector, boasting a return on assets (ROA) of 1.55% and a return on equity (ROE) of 28.51%.
We share and help in the name of a sustainable future – thanks to our support, Sengirės fondas VšĮ has purchased 6.08 ha of forest in Šilutė District for maintenance and protection against harmful human activities.
EIF and Mano Bank agreed on a 40 million euros guarantee for SME loans
The new guarantee agreement between EIF and Mano Bank, signed under the InvestEU programme of the European Commission, allows to guarantee more than 40 million new business loans. Mano Bank is the first financial institution in Lithuania to sign such a guarantee agreement, which is aimed at promoting innovation, sustainability projects, job creation and economic growth.
According to audited data, in 2022, the loan portfolio of Mano Bank reached 89.13 million euros, which is 77 per cent more than 2021. Net interest income grew by 53 per cent up to 5.0 million euros, and net income from services and commissions rose by 35 per cent up to 2.6 million euros. Last year, earned profit grew by 32 per cent and amounted to 1.58 million euros. Over the past year, the bank’s assets increased by 84 per cent up to 201.6 million euros.
We joined the Lithuanian Responsible Business Association
In January 2021, we became a full member of the Lithuanian Responsible Business Association.
In August 2021, we approved Environmental Protection Strategy, in which we undertake to continuously reduce the bank’s direct impact on the environment: the use of fossil fuels, generation of waste and emission of greenhouse gases (GHG).
We also prepared and published the first annual Sustainability Report. For companies that seek sustainable development, sustainability reports are a necessary practice in order to assess the current situation, track changes and set goals. According to the data provided in the report for 2021, Mano Bank meets the concept of a sustainable organisation.
We have become a real bank
At the beginning of the year, we underwent restructuring from a credit union to a specialised bank, and in the middle of the year we updated the mano.bank brand and digital tools.
We received a specialised bank license
We were the first in Lithuania to receive a specialised bank. The licence issued by the European Central Bank through the Bank of Lithuania allows the provision of all banking services in Lithuania without any restrictions in the common European financial market – in 27 member states.
Our family expanded
The number of customers reached 3,500, and number of employees has grown to 23. The bank’s total assets reached 53 million euros. Christmas parties have become really fun.
We have grown to 1,500 members
The number of employees reached 15, number of union members reached 1,500. We turned from a small team into a company and began to grow rapidly.
Our team
Culture. What We Believe in
