Mindaugas Rudys appointed CEO of Mano bankas

A new CEO takes the lead at Mano bankas, a Lithuanian-capital bank — Mindaugas Rudys, who brings more than 20 years of experience in the financial sector. He joins the bank at a period of accelerating growth and active expansion.

Mindaugas has extensive leadership experience in strategic areas such as financial product development, technological systems, and digitalisation. He has contributed to modernising key banking processes, implementing innovation, and developing services related to renovation financing, mortgage lending and leasing. His deep expertise in financial technology, service development, and strategic growth will further strengthen Mano bankas’s competitive position in the market.

“I am pleased to join the Mano bankas team. I am inspired by the ambitious growth plans, exceptional flexibility, and the ability to address individual customer needs — qualities that clearly distinguish the bank in the market. I join with a clear goal: to strengthen Mano bankas’s core strengths, expand our product range, enhance customer experience, and ensure sustainable growth by improving processes, developing modern financial solutions, and boldly investing in digitalisation,” says the new CEO of Mano bankas, Mindaugas Rudys.

Strengthening capital and accelerating growth

The year 2025 has been a period of significant expansion for the Lithuanian specialised bank Mano bankas. Strong operational performance is reflected in the financial results: comparing the first three quarters of last year and this year, the bank’s assets grew from €376 million to €625 million — an increase of more than 66%.

The bank’s net profit for the first nine months of 2025 rose from €2.9 million to €4 million year-on-year — an increase of more than 38%.

Shareholders’ equity increased by 38% compared to the same period in 2024, rising from €18.8 million to €26.1 million. The bank’s consistent expansion is also reflected in rapidly increasing revenue — up 31%, from €11.1 million to €14.6 million.

Loan portfolio growth was also significant. Its volume increased by more than 27%, from €124.5 million last year to €158.8 million this year, demonstrating rising demand and a more active lending pace.

New products and services introduced

Sustained growth is also driven by the introduction of new products and services. In August this year, Mano bankas launched a new service enabling customers to make payments with Mano bankas cards in e-commerce stores. The service is available for Visa, Mastercard, Google Pay and Apple Pay users.

Over the past year, the bank has invested more than €1.5 million in IT system development to increase digitalisation, security and convenience for customers. The upgraded online banking platform, launched last year, continues to be improved, and in 2026 the bank plans to introduce new products and services that will further broaden its financial solutions offering.