Saldo Bank products, services and reviews

About Saldo Bank

Saldo Bank UAB is a Lithuanian specialized bank licensed and supervised by the Bank of Lithuania and linked to the Saldo consumer finance group originating from the Nordics. It focuses on a narrow product set, primarily euro-denominated deposits on the funding side and unsecured consumer lending on the asset side, and offers selected deposit products cross‑border within the EEA via passporting, including distribution through third‑party deposit marketplaces. The bank operates digitally without a branch network, with onboarding and servicing handled online under standard KYC/AML requirements. Under Lithuania’s deposit guarantee scheme (Indėlių ir investicijų draudimas), eligible deposits are protected up to EUR 100,000 per depositor per bank, consistent with EU rules; coverage limits, exclusions, and conditions apply, and early termination of time deposits may be restricted or penalized according to product terms. As a specialized bank, it does not provide investment services or complex capital markets products. Product availability, interest rates, and terms vary by market and can change without notice; interest on deposits is typically paid gross, with tax treatment depending on the customer’s tax residence and local regulations. The operating model aligns with other EU specialized banks that combine online deposit gathering with consumer lending, and prospective customers should review country eligibility, digital identity requirements, and the practical implications of the deposit guarantee cap before opening an account or placing funds.