Press release
EMBank Delivers Stable Growth in the First Half of 2025 Amid Market Recovery
European Merchant Bank (EMBank) has reported stable financial growth in the first half of 2025, with key indicators showing improvement in line with growing market confidence. The bank's performance is underpinned by rising customer trust, prudent management and a continued commitment to reinvestment.For the six months ending June 2025, EMBank recorded a net profit of €650,000, representing a 2.2% increase over the same period last year. Net income climbed to €5.7 million, up 8.4% year-on-year. The bank's deposit base expanded substantially, growing from €138 million in 2024 to €175 million - a rise of nearly 28%. Total assets followed suit, reaching €189 million.
Commenting on the results, CEO Sarp Demiray said the figures reflect both a more optimistic economic environment and EMBank's reputation for reliability. "We are seeing signs of recovery in the market - not only in the financial results of institutions, but also in consumer and business confidence indicators," he noted.
EMBank's business loan portfolio also saw a partial uplift at €40.9 million, indicating sustained demand among its core customer base. The bank continues to channel profits into areas that enhance its long-term competitiveness, including team development and technological innovation.
Ekmel Cilingir, Chairman of the Board, emphasised the bank's focus on sustainable growth. "Our goal is not short-term success, but stable, long-term growth that we can share with our clients," he said. "We continue to invest in both our people and our products, ensuring that EMBank remains prepared for future opportunities and challenges alike".
The bank is also strengthening its financing activities in Lithuania through targeted investments and new partnerships. These efforts include building out its sales infrastructure and simplifying the bond issuance process for businesses, further expanding the financial tools available to local enterprises.
EMBank is a licensed specialised bank under the supervision of the European Central Bank. Based in Vilnius, the institution serves small and medium-sized enterprises (SMEs) as well as fintech institutions with a comprehensive portfolio of banking services, including business loans, payment solutions and savings products. Its operations extend across the European Economic Area, with a focus on combining digital innovation and customised service.
As economic conditions continue to stabilise, EMBank's measured approach and reinvestment strategy have helped reinforce its role as a dependable financial partner. The bank's performance in the first half of 2025 sets a firm foundation for the remainder of the year.
Company Name: European Merchant Bank (EMBank)
Contact Person: Dilek Isik
Email: dilek.isik@em.bank
Country: Lithuania
Address: Pirkliu Klubas, Gedimino 35, 01119, Vilnius, Lithuania
Website: https://em.bank/
European Merchant Bank (EMBank) is a specialised financial institution licensed by the European Central Bank and headquartered in Vilnius, Lithuania. The bank supports SMEs and fintechs with regulated accounts, embedded financial infrastructure, payment processing, and credit solutions. EMBank operates in line with EU standards and participates in Lithuania's deposit guarantee scheme.
Further information can be found at https://em.bank
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