Latvijos vyriausybės parduodamo „Citadele“ banko realiausias pirkėjas - JAV fondas „Ripplewood Holdings“ privalės gauti ir Lietuvos centrinio banko leidimą, tačiau tokio prašymo kol kas nėra pateikęs, rašo portalas eversus.lt.
Finance
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The Lithuanian Cabinet on Friday endorsed a draft budget for 2015, the first year of the country's eurozone membership. Finance Minister Rimantas Šadžius has said that the bill is to be submitted to parliament for approval no later than 17 October.
Over August, the M3 broad monetary aggregate in Lithuania increased by LTL 244.6 million (EUR 70.9 million) and its annual growth rate was 3.6 percent at the end of the month, the Statistics Department of the Bank of Lithuania reports.
As Russia is engaging in aggression against Ukraine, the Baltic states shiver for their own security. Many an investor in Lithuania must have considered how to protect their property in case of a crisis.
Chairman of the board of the Bank of Lithuania Vitas Vasiliauskas will take part in the meeting of the Economic and Financial Affairs Council (ECOFIN) in Milan, Italy, on 12-13 September.
On Monday, the European Commission approved EUR 7.89 billion EU Structural and Investment Funds Programme for Lithuania. Its goal is to ensure employment and economic growth. The European Union investment constitutes approximately EUR 6.7 billion of the sum, while Lithuania's contribution is around ...
On 8 September, a cycle of seminars on the adoption of the euro, which will encompass at least 70 information events scheduled in all 60 municipalities of Lithuania within three months, is going to be launched in Šiauliai, euro.lt informs.
The German bank Commerzbank has awarded Šiaulių Bankas with Straight-Through Processing Award 2013 for a fully automated and top quality performance of international transactions for the third year in turn, Šiaulių Bankas announced.
The association of Snoras Bank depositors and creditors addressed in writing the bankruptcy administrator of the bank demanding information whether he intends to pursue claims against audit company Ernst & Young Baltic.
Assets of 63 credit unions that are members of the Lithuanian Central Credit Union (LCKU) amounted to LTL 1.37 billion (EUR 397 million) by the end of the first half of 2014. The figure is 6.4 percent bigger compared with the first half of 2013 when it stood at LTL 1.29 billion (EUR 373 million).
In accordance to the third payout plan approved by Vilnius Regional Court, Snoras Bank bankruptcy administrator has paid out LTL 750 million (EUR 217 million) to secondary creditor, state company Deposit and Investment Insurance. After the transaction, primary and secondary creditors of Snoras will ...
In late 1996, Bulgaria found itself beset with both a banking crisis and hyperinflation. Nine out of the country’s 10 largest banks were failing, and inflation topped 2,000 percent on an annualized basis a few months later.
Eesti Päevaleht writes that Centre Party’s MP Olga Sõtnik not only owes about 260,000 euros in debt, but has also taken a 5,500 euro instant loan.
Lithuanians are inclined to use bank cards to pay for infrequent purchases: they spend 46 percent of card expenditure on clothing or footwear, while only 6 percent per month is spent on food, a survey conducted by SEB Bank reveals.
Lithuanian President Dalia Grybauskaitė returned amendments to the Law on the Bank of Lithuania back to the Seimas for reconsideration and submitted a proposal which she says would ensure information security necessary for the stability of the financial system.