Žygimantas Stankevičius

Žygimantas Stankevičius

Partner, Head of Finance industry group
Vilnius, Lithuania
  • About

    Žygimantas Stankevičius is Partner at TGS Baltic, Head of Finance industry group with more than 20 years of experience in banking and finance law. For most of his career, he was leading the legal department in one of the largest banks in Lithuania – Luminor (former DNB, Nordea).

    Žygimantas accumulated exceptional experience in running complicated projects: he actively participated in launching an asset management company owned by the bank, the sale of the bank’s insurance company, an issuance of the bank’s bonds, a delisting of the bank’s shares, implementation of payment-related legal requirements, as well as provision of investment and lending services.

    For many years, Žygimantas has also been a member of the Coordination Committee of the Association of Lithuanian Banks. He participated in work groups on implementation of the Payment Services Directive and the e-invoice system, introduction of euro, SEPA, etc.

  • Major Projects
    • 11.11.2021

      TGS Baltic successfully represented Šiaulių Bankas in a dispute with the Bank of Lithuania

      TGS Baltic represented Šiaulių Bankas in a dispute with the Bank of Lithuania regarding a sanction imposed by the Bank of Lithuania for violations of legal acts regulating the prevention of money laundering and terrorist financing.

    • 14.07.2021

      TGS Baltic advised a consortium of banks on approx EUR 265 million refinancing of Press Glass, a leading European producer of processed glass

      TGS Baltic, together with the cross-border Dentons team, advised a club of four banks, consisting of PKO Bank Polski, ING Bank Śląski, Santander Bank Polska and BNP Paribas Bank Polska, on approx EUR 265 million refinancing of the indebtedness of Press Glass and the financing of its further investments, including new production plants in Lithuania and Wales.

    • 06.01.2021

      TGS Baltic advised Luminor Bank on arranging syndicated financing

      TGS Baltic represented Luminor Bank, the third largest financial services provider in the Baltic banking market, which together with Šiaulių bankas is lending EUR 44 million in equal parts for a new shopping centre project – 62,000 m² shopping mall Vilnius OUTLET.

    • 12.01.2020

      TGS Baltic advised Šiaulių bankas on the acquisition of the retail loan portfolio of EUR 125 million

      We advised Šiaulių bankas, country’s largest Lithuanian-capital bank, on the acquisition of the retail credit portfolio with a value of EUR 125 million. Most of the portfolio consists of the mortgage loans.

  • CV

    Professional career

    Since 2019
    Partner, Head of Finance industry group, law firm TGS Baltic
    2017 – 2019
    Manager, Lithuania Country Legal Department, bank Luminor
    2011 – 2017
    Manager of Legal Department, AB DNB bank
    2006 – 2011
    Head of Legal, AB DNB Nord bank
    2002 – 2006
    Head of Legal, AB NORD/LB bank
    1999 – 2004
    Manager, Legal Unit, LŽUB bank
    1997 – 1999
    Associate, LŽUB bank
    1996 – 1997
    Associate, Baltic garant (insurance company)


    1993 – 1998
    Vilnius University, Master of Law
    1992 – 1996
    Vilnius University, Bachelor of History


    Lithuanian Bar Association
    Alumni of the Faculty of Law of Vilnius University