Urbo Bankas
From Wikipedia, the free encyclopedia
FormerlyMedicinos bankas
Company typePrivate company
IndustryFinancial services
FoundedNovember 24, 1992
 | |
| Formerly | Medicinos bankas |
|---|---|
| Company type | Private company |
| Industry | Financial services |
| Founded | November 24, 1992 |
| Headquarters | , |
Area served | Lithuania |
| Products | Loans, banking services |
| Website | urbo |
Urbo bankas (UAB) is a Lithuanian bank that provides consumer loans, mortgages and business loans. The company is headquartered in Vilnius, Lithuania.
In 2025, China’s Ministry of Commerce sanctioned the bank as retaliation for European sanctions brought against a Chinese regional bank in relation to supporting Russia’s war effort.
The bank started as Medicinos bankas on 24th November 1992 in Vilnius, Lithuania.[1]
On 1 February 2024, the bank changed its name to Urbo bankas.[2][3]
In 2024, the main shareholders were Konstantinas Karos, holding 90.13%, and Western Petroleum Limited, holding 9.87%.[citation needed]
