Žygimantas Stankevičius
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Country
Lithuania
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Languages
Lithuanian, English, Russian
Žygimantas Stankevičius is a Partner, Attorney at Law, and Head of the Finance Industry Group, bringing over 25 years of in-depth experience in banking and finance law.
Renowned for his strategic insight and leadership, Žygimantas has a distinguished career that includes heading the legal department of one of Lithuania’s largest banks – Luminor (formerly DNB, Nordea). This experience gives him a deep understanding of both regulatory frameworks and practical business realities.
Žygimantas’ expertise in banking and finance is recognised by leading international legal directories such as Chambers Europe (Band 3) and IFLR1000 (Highly Regarded).
He leads complex legal projects involving corporate lending and financing transactions across a wide range of sectors, including manufacturing, energy, and real estate. He advises borrowers as well as local and international financial institutions, offering practical, forward-thinking solutions in high-value transactions.
In addition to private sector work, Žygimantas is a trusted advisor to government entities. He regularly assists investors in obtaining payment and crypto-asset service licences from the Bank of Lithuania, advises on regulatory approvals for changes of control in regulated market participants, and ensures compliance with evolving financial regulations.
He is deeply involved in the Lithuanian FinTech ecosystem, continuously supporting both established and emerging market players. His clients include Revolut, Luminor AS Lithuanian Branch, AB Šiaulių Bankas, Urbo Bankas, Mano Bankas, European Merchant Bank, AB SEB Bankas, Citadele Banka AS Lithuanian Branch, the Association of Lithuanian Banks, and numerous fintech and crypto-assets companies.
Žygimantas is known for his technical excellence, commercial awareness, and results-oriented approach.
Testimonial
CV
Partner, Head of Finance industry group, law firm TEGOS (formerly TGS Baltic)
Manager, Lithuania Country Legal Department, bank Luminor
Manager of Legal Department, AB DNB bank
Head of Legal, AB DNB Nord bank
Head of Legal, AB NORD/LB bank
Manager, Legal Unit, LŽUB bank
Associate, LŽUB bank
Associate, Baltic garant (insurance company)
Vilnius University, Master of Law
Vilnius University, Bachelor of History
Lithuanian Bar Association
Alumni of the Faculty of Law of Vilnius University
Deals & cases
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24.08.2026 | LithuaniaAria Securities Receives Category C Financial Brokerage Firm Lincence
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15.07.2026 | LithuaniaMerko Statyba secures EUR 369 million financing for Lot B and Lot C of Lithuania‘s Rūdninkai military base
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17.03.2026 | LithuaniaTesonet Global targets to increase its interest in Artea Bank
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04.03.2026 | Estonia, Latvia, LithuaniaTele2 and GCI completes the transaction to create the first pan-Baltic tower company
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08.01.2026 | LithuaniaZilch to acquire AB Fjord Bank
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18.10.2025 | LithuaniaNala Renewables has secured three acquisition financing facilities from Luminor Bank AS
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05.08.2025 | LithuaniaINVL Asset Management invested in the acquisition of Mykolas Romeris University’s old campus
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25.06.2025 | LithuaniaFinpro LT 1 Bond issuance program up to EUR 10 million
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15.04.2025 | Estonia, Latvia, LithuaniaBonava EUR 397.6 M Senior Facility and SEK 960 M Green Bond Issuance
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20.01.2025 | LithuaniaLithuanian cross-border payments provider ArcaPay joins Ebury
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02.01.2025 | LithuaniaNala Renewables, which acquired six solar power plants in Lithuania, borrowed €25 million from Luminor
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04.09.2024 | LithuaniaNala Renewables acquires a portfolio of 34 MW solar power plants in Lithuania from Green Genius
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01.03.2024 | LithuaniaTGS Baltic advised AB “Baltic Opportunity”, a company controlled by Lords LB Asset Management in the acquisition of 100% of the shares of UAB “Technopolis Ozas”
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13.02.2024 | LithuaniaTGS Baltic assisted European Investment Bank (EIB) on signing an agreement with Šiaulių Bankas to set up and manage a second EUR 200 million renovation fund.
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16.11.2023 | LithuaniaTGS Baltic advised European Investment Bank (EIB) on signing a €25 milion agreement with Klaipėdos vanduo
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02.05.2023 | LithuaniaTGS Baltic advised Ignitis Group on EUR 225 million multi-option facility agreement with MUFG Bank
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30.12.2022 | LithuaniaBig win in court representing the largest Lithuanian capital bank Šiaulių bankas in three-year-long proceedings regarding the imposition of the biggest AML fine in the banking sector
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19.10.2022 | LithuaniaTGS Baltic successfully represented the largest Lithuanian capital bank Šiaulių bankas in a case against the fine imposed by the Bank of Lithuania
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20.05.2022 | LithuaniaTGS Baltic advised Civinity on the acquisition of the Inservis Group
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11.11.2021 | LithuaniaTGS Baltic successfully represented Šiaulių Bankas in a dispute with the Bank of Lithuania
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14.07.2021 | LithuaniaTGS Baltic advised a consortium of banks on approx EUR 265 million refinancing of Press Glass, a leading European producer of processed glass
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01.06.2021 | LithuaniaTGS Baltic advised Luminor Bank on arranging syndicated financing
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06.04.2021 | LithuaniaTGS Baltic advised Arcapay on obtaining a payment institution licence from the Bank of Lithuania
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06.01.2021 | LithuaniaTGS Baltic advised Luminor Bank on arranging syndicated financing
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15.07.2020 | LithuaniaTGS Baltic represented Opera Limited in the acquisition of Fjord Bank
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12.01.2020 | LithuaniaTGS Baltic advised Šiaulių bankas on the acquisition of the retail loan portfolio of EUR 125 million
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News
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10.07.2026 | LithuaniaBanking & Finance sector overview | June edition
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10.06.2026 | LithuaniaBanking & Finance sector overview | May edition
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28.05.2026 | Estonia, Latvia, LithuaniaA historic achievement across the Baltics: triple win at CEE Legal Matters Deal of the Year awards
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