Bank subsidiaries
Artea Lizingas UAB
Artea 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.
Artea Lizingas UAB currently employs 50 professionals.
Life Insurance company Artea Life Insurance UAB
Artea Life Insurance 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. Artea Bankas AB owns 100% of the shares of Artea Life Insurance UAB.
Artea Turto Fondas UAB (formerly Artea Banko Turto Fondas UAB)
Artea Turto Fondas UAB is a subsidiary of Artea Bankas AB, established on August 13, 2002. The company's shareholder Artea Bankas AB owns 100 % of the company's votes.
Artea 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 Artea modernizavimo fondas
UAB Artea 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 Artea bankas owns 100 % of UAB Artea modernizavimo fondas shares.
Artea Asset Management UAB
Artea Asset Management UAB is a subsidiary of Artea Bankas AB, established on February 7, 2023. The company's shareholder Artea Bankas AB owns 100 % of the company's shares.
Artea 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 Artea modernizavimo fondas 2
Securitization UAB Artea 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 Artea bankas owns 100% of UAB Artea modernizavimo fondas shares.
Subsidiaries of Artea Bankas AB include Artea Banko Lizingas UAB which does not operate separately as the company's activities are integrated into the system of Artea Bankas AB.