Private company

Snoras

Logo: snoras.com4

Lithuanian bank

Bankas Snoras AB or simply SNORAS (Nasdaq Baltic: SRS1L, Nasdaq Baltic: SRS2L) was a commercial bank, founded in Lithuania operating in all three Baltic states. It was a member of the financial group Konversbank and was listed on the NASDAQ OMX Vilnius stock exchange. On November 16, 2011, 100% of the bank shares were nationalized by the Lithuanian government and the bank was placed into temporary administration.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1992Founded1
  • Industrybank1
  • HeadquartersVilnius1
  • Websitewww.snoras.com
  • Legal formpublic limited liability company1
  • LEI8945006X4EWZ0YTJM7393
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered addressA. Vivulskio g. 7, LT-03221 Vilnius, Lithuania3
  • Registered withState Enterprise Centre of Registers, 1120259733

See how the biggest companies compare on our leaderboards

Snoras būstinė
Photo: Bearas, CC-BY-SA-3.0, via Wikipedia6

Bankas Snoras AB or simply SNORAS (Nasdaq Baltic: SRS1L, Nasdaq Baltic: SRS2L) was a commercial bank, founded in Lithuania operating in all three Baltic states. It was a member of the financial group Konversbank and was listed on the NASDAQ OMX Vilnius stock exchange. On November 16, 2011, 100% of the bank shares were nationalized by the Lithuanian government and the bank was placed into temporary administration. On November 24, the bank was declared bankrupt. It had 4 billion litas (€1.16 billion) in debt.2

Corporate structure

Snoras sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Snoras reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Bankas Snoras AB was founded 1992 as a regional bank of Šiauliai and renamed to its current name in 1993. It was recognised as the best bank in Lithuania in 2006 by financial publisher The Banker. However, an inspection at the bank in November 2011, revealed poor asset quality, weak risk management and lack of proper operating data. The check also revealed that the bank has ignored the central bank's recommendation to reduce operating risks.

From Wikipedia’s article on Snoras, shared under CC BY-SA 4.0.5

Products and brands

  • financial services

Listed on Wikidata.1

Snoras has invested in a variety of business, most notable are:

Investment bank Finasta

Latvian bank Latvijas Krājbanka

From Wikipedia’s article on Snoras, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Also owns

From Wikidata.1

Timeline

  1. Nov 24, 2011Dissolved Dissolved1
  2. 1992Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
    Company websiteSnoras logo
  5. 5
  6. 6