Lithuanian Banks' Association

Representatives of business and banks' associations suspected of unlawful influence on legislative processes

Valdas Sutkus , the president of the Lithuanian Business Confederation (LVK), and Mantas Zalatorius , the president of the Lithuanian Banks' Association...

Cabinet backs retail and bank taxes

The Lithuanian Cabinet on Wednesday backed in principle new taxes on bank assets and retail turnover , but proposed that the parliament hold...

European Merchant Bank prepares for launch in Lithuania

European Merchant Bank , which holds a specialized bank license , says it is making active preparations for the launch of operations in Lithuania planned...

Banks warn: tax on bank assets would make loans more expensive

A proposed tax on banking assets would make loans for households and businesses more expensive, the Lithuanian Banks' Association (LBA) warned on Tuesday.

Zalatorius on PNB Banka closure: Latvia continues its bank cleanup

Latvia continues to clean up its banking sector, the head of the Lithuanian Banks' Association (LBA) said on Friday after the neighboring country announced...