SME Bank, a digital bank dedicated to small and medium-sized enterprises (SMEs), has made its debut on the prestigious FT 1000 ranking. Compiled by the Financial Times in collaboration with data analytics platform Statista, the list identifies Europe’s fastest-growing companies. In the early 2026 ranking released today, SME Bank holds the 203rd position.
“Joining the elite ranks of Europe’s fastest-growing companies is more than just proof that our digital business banking model is competitive on a European scale. This achievement also reflects the drive of our clients—SMEs across the Baltics, Finland, and the Netherlands. Modern banking enables these companies to grow faster, allowing us to expand confidently alongside them,” says Raimondas Berniūnas, CEO of SME Bank.
The FT 1000 ranking is based on financial growth metrics from 2021 to 2024. During this period, SME Bank’s total net income increased nearly sixfold, rising from €1.1 million to €6.3 million.
This rapid momentum continued throughout 2025. According to unaudited data, total net income grew by an additional 51% last year, reaching €9.6 million. The loan portfolio surged by 81% in 2025 to €147 million. Deposits held at the bank grew 2.5 times, totaling €425 million. The success was driven by active operations not only in Lithuania but also in Estonia, Latvia, the Netherlands, and Finland.
The complete FT 1000 report, featuring in-depth editorial analysis and commentary, will be published on March 26 in a special Financial Times supplement and online at FT.com.