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Smart-ID is an electronic authentication tool developed by SK ID Solutions, an Estonian company. Users can log in to various electronic services and sign documents with an electronic signature. [1] Smart-ID meets the European Union's eIDAS Regulation and the European Central Bank's standards for a secure authentication solution. [2]
In 2001, a deal to merge Swedbank (then FSB) with SEB failed as the European Commission thought that the merged company would have had too dominant a position in the Swedish banking market. Today, Swedbank has 7 million private customers and 555 000 corporate customers. Swedbank is the largest bank in both Estonia and Latvia. [7]
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There are AB SEB bankas and other SEB group companies operating in Lithuania, namely: UAB “SEB investicijų valdymas” life insurance and pension services company “SEB Life and Pension Baltic SE” Lithuanian branch
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In 2005 Swedbank made a buy-out offer to the minority shareholders and as of today Hansabank is a fully owned subsidiary of Swedbank Group. In July 1999, Hansabank's Lithuanian subsidiary Hansabankas opened its doors to clients in Vilnius, adding commercial banking to the services provided by Hansabank Group in Lithuania.
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