Finora Bank continued its strong growth momentum in 2025, with results nearly tripling compared to 2024. The bank’s growth far outpaced the market average, confirming Finora Bank as one of the fastest growing banks in the Baltics.
Over the past 15 months, Finora Group, the holding company of Finora Bank, attracted 12.3 million euros in new equity capital, the highest among smaller banks in the region. While by the end of the third quarter of 2025, Finora Bank’s loan portfolio reached 84 million euros, up 199 % from 28.1 million at the end of 2024. Total assets grew to 91.5 million euros from 36.9 million, an increase of 148%, and income rose to 1.14 million euros from 0.42 million, up 169 % year on year. These results confirm strong growth pace and increase investor confidence in the Group’s direction.
Šarūnas Ruzgys, CEO of Finora Bank says: “Our record growth and the results achieved in a short time confirm that Finora Bank’s business model works and that the demand for our services remains strong. According to various surveys, the most important factors for small and medium-sized businesses when choosing a financial partner are decision-making speed and a client-focused, partnership-driven approach. We are now finalizing the implementation of new IT infrastructure systems that will enable us to make decisions even faster and more efficiently, respond better to client needs, and expand our range of services. At the same time, this will help us optimize processes and reduce operating costs. Altogether, these steps will allow Finora Bank to reach break-even in the near term and continue strengthening its market position.”