Snoras
Snoras was a Lithuanian commercial bank established in 1992 that provided financial services to individuals and businesses. The bank ceased operations and declared bankruptcy in 2011 following a decision by the Bank of Lithuania and the Lithuanian government to nationalize its assets due to financial instability.
Brand Identity Data
HQ Country
Poland
HQ City
Vilnius
Founded
1992
EU Headquartered
Yes
EU Manufactured
No
Stock Exchange
Private
Tax Domicile
LT
B Corp Certified
No
Repair / Recycling
No
Ethical Certifications
None verified
Verified on October 15, 2026
Corporate Lineage
1992
Bank established
Snoras was founded as a commercial bank in Lithuania.
2011
Nationalization and bankruptcy
The Lithuanian government nationalized the bank due to financial instability, leading to its bankruptcy.