Bank SNORAS was established in 1992 as Šiauliai Regional Bank and was renamed into Bankas SNORAS AB in 1993.

In sixteen years of operations SNORAS has become one of the largest banks in Lithuania. The bank manages the most modern and expansive customer service network in the country, including 10 regional branches, 11 branch outlets, 230 outlets and 338 ATMs. Bankas SNORAS AB successfully entrenches in the leading position of retail banking market in Lithuania and steadily expands towards EU countries.
The main strategic directions of SNORAS operations are as follows:

• Retail and corporate banking
• Development of banking group companies' services
• Investment banking and corporate finances.

The bank manages a branch in Estonia and representative offices in the Kingdom of Belgium, Czech Republic, Latvia, Ukraine and Belarus, it is in the process of establishing a branch in the United Kingdom of Great Britain and Northern Ireland and it establishes a representative office in China and Cyprus. Bankas SNORAS owns the control stock of AS „Latvijas Krajbanka" - the oldest Latvian bank that has the largest network.

Bankas SNORAS AB manages 5 subsidiaries in the state: JSC „SNORO Lizingas", JSC „SNORO Turto Valdymas", JSC „SNORO Investicijų Valdymas", JSC „SNORO Fondų Valdymas" and JSC „Vilniaus Kapitalo Vystymo Projektai", providing Lithuanian and Baltic market participants with real estate management, constructions and renovation, money, leasing and securities funds management services. 

The bank is the fourth in Lithuania as regards capital and the fifth by assets. Over 1 mln. customers use services of the bank. The slogan - "Closest to me" - reflects the goal of the bank to bring itself as close to every customer as possible.