Structure and work organization of Lithuanian commercial banks

A commercial bank is a type of retail bank that provides services, such as accepting deposits, giving business loans and basic investment products.

A financial institution that provides services, such as accepting deposits, giving business loans and auto loans, mortgage lending, and basic investment products like savings accounts and certificates of deposit. The traditional commercial bank is a brick and mortar institution with tellers, safe deposit boxes, vaults and ATMs. However, some commercial banks do not have any physical branches and require consumers to complete all transactions by phone or Internet. In exchange, they generally pay higher interest rates on investments and deposits, and charge lower fees.

Commercial banking activities are different than those of investment banking, which include underwriting, acting as an intermediary between an issuer of securities and the investing public, facilitating mergers and other corporate reorganizations, and also acting as a broker for institutional clients.

The goal of this project is to find out and to understand the structure and work organization in commercial banks of Lithuania.

Tasks of this project:

1. Get to know what is bank and banking and its history.
3. To analize the financial indicators of 4 biggest bank of Lithuania.
4. To compare a term deposit interest rates in 4 biggest bank of Lithuania: „SEB“ bank, „Swedbank“, „DNB“ bank and „Šiaulių bankas“.