As ESCO, we take immense pride in the journey and achievements of our subsidiary, GF Bankas. Born out of entrepreneurial spirit in Lithuania, GF Bankas has embraced our ethos of curiosity, continuous learning, and decisive action, propelling it from a local startup in 2005 to a formidable player in the finance sector today.
Under our stewardship since 2013, GF Bankas has consistently pushed the boundaries of financial services. Its portfolio, which now surpasses 110 million euros, stands as a testament to our shared dedication to transforming dreams into reality. The acquisition of its banking license in the 2020s marked a significant milestone and a bold step into new financial territories, broadening its service offerings to include savings accounts and term deposits.
At the heart of GF Bankas's operations lies a commitment to our collective mission: customer empowerment. Each interaction, across their 14 customer service departments and with over 18,000 customers last year, is tailored to the individual needs of the customer. As a result, they not only offer a diverse range of financial services but also create self-reliant customers, ready to tackle their financial futures with confidence.
Underlining our shared drive for innovation, GF Bankas spearheads our digital transformation initiative within the finance sector. By digitizing processes and integrating
cutting-edge digital solutions, it exemplifies our belief that technology is key to creating maximum added value for our customers and reshaping the financial landscape.
Our collective commitment extends beyond business operations to significant social responsibility. In line with our vision to create an enduring impact, GF Bankas supports a number of charitable causes and organizations, tackling socially sensitive issues and contributing positively to the communities it serves.
Every aspect of GF Bankas reflects our shared values – customer orientation, responsibility, partnership, professionalism, and unity. Upholding the highest business ethical standards, we ensure each customer interaction is marked by exceptional service and professionalism. We prioritize understanding our customers' needs and fostering long-term relationships built on innovation and collaboration.
Together, as a unified entity, GF Bankas and ESCO continue to carve out a new path in the financial sector. Embracing the spirit of curiosity and learning, we look forward to transforming more dreams into reality and creating an even greater impact in the futur