OP Corporate Bank in Lithuania increases lending by 21%, profit and income rise 4%
In 2025, OP Corporate Bank’s Lithuanian branch actively expanded financing to local businesses and improved its operational results. The bank increased its income by 4% to EUR 32.8 million, compared with EUR 31.6 million the previous year. Operating profit also grew by 4% to EUR 17.9 million, up from EUR 17.3 million in the prior year.
The bank’s business loan and leasing portfolio grew 21% to EUR 1.7 billion by year-end, up from EUR 1.4 billion the previous year.
“Growing Lithuanian economy, rising business investment, and the expansion of large infrastructure projects drove strong demand for corporate financing last year. We focused our lending most actively on the infrastructure, industrial and manufacturing, agriculture and food processing, transport and logistics sectors, which enabled rapid growth of our loan portfolio and a corresponding increase in income,” said Leda Irzikeviciene, Country Manager at OP Corporate Bank’s Lithuanian branch.
Net interest income in Lithuania increased by 6% last year, reaching EUR 27.4 million compared with EUR 25.9 million the year before. The number of the bank’s customers also grew alongside higher volumes of daily banking services.
The bank’s deposit portfolio in Lithuania remained at EUR 0.6 billion at the end of last year.
OP Corporate Bank Lithuanian branch 2025 results
EUR million
| 1-12/2025 | 1-12/2024 | Change, % |
Net interest income | 27,4 | 25,9 | 5,8 |
Impairment loss on receivables | 0,0 | -2,3 | 0,0 |
Net commissions and fees | 5,0 | 5,4 | -6,1 |
Operating profit | 17,9 | 17,3 | 4,0 |
Total income | 32,8 | 31,6 | 3,8 |
Total expenses | -14,9 | -12,1 | 23,1 |
Cost/income ratio, % | 43,9 | 38,2 | 5,8* |
EUR billion
| 31 Dec 2025 | 31 Dec 2024 | Change, % |
Loan portfolio | 1,7 | 1,4 | 20,5 |
Deposits | 0,6 | 0,6 | -6,0 |
* Change in ratio, percentage points.
Last year, the bank started supporting the “Education #1” (Švietimas #1) initiative, contributing to the development of teacher leadership and improvement of education quality in Lithuania.
Expenses in Lithuania increased by 23% last year to EUR 14.9 million, compared with EUR 12.1 million the previous year. The increase was driven by a revised methodology for allocating OP group expenses across the Baltic countries and an increased number of employees.
The results are reported based on group management accounting data and may differ from the legal entity’s financial statements due to different accounting principles within the group.
OP Corporate Bank results in the Baltics
In the Baltic countries, the bank also increased income and lending. Last year, income grew by 5% to EUR 74 million, up from EUR 70.4 million the previous year.
In Lithuania, Latvia, and Estonia, the bank earned EUR 38.1 million in operating profit, 3% lower than last year, when operating profit amounted to EUR 39.3 million.
The loan and leasing portfolio in the Baltics reached EUR 3.3 billion at the end of last year, up 13.8% compared with EUR 2.9 billion a year earlier.
The deposit portfolio increased by 10.8% last year to EUR 1.9 billion, compared with EUR 1.7 billion the previous year.
OP Pohjola group results
The OP Pohjola group, which includes OP Corporate Bank, generated EUR 4.639 billion in revenue last year, 4.2% less than in the same period a year earlier, when the group’s revenue totalled EUR 4.844 billion.
The group earned EUR 2.269 billion in operating profit, down 8.7% from the previous year, when operating profit amounted to EUR 2.486 billion.
At the end of the year, the group’s portfolio of green and sustainability-linked loans and equipment financing in Finland and across the Baltic states totalled EUR 8.9 billion, compared with EUR 8.6 billion a year earlier.
OP Pohjola maintains strong liquidity and funding capacity. At the end of last year, the group’s Common Equity Tier 1 (CET1) ratio stood at 21.2%, 6.9 percentage points above the minimum regulatory requirement.
OP Pohjola operates in Finland and the Baltic countries and is the largest financial services group in Finland.
OP Corporate Bank Plc 2025 Annual Report.
OP Pohjola Group 2025 Annual Report.