The Bank of Lithuania, Nasdaq CSD SE depository and credit institutions operating in the country today join TARGET2-Securities (T2S) – the European securities settlement infrastructure offering standardised settlement of domestic and cross-border...
The Bank of Lithuania
September182017
September152017
Current discussions on reforms in the euro area should concentrate on one of the major goals for the continent – economic and social convergence, i.e. narrowing of gaps and disparities between Member States. This is the position taken by Vitas...
September132017
The FinTech sector may give further impetus to the EU Capital Markets Union as well as generate new opportunities for economic growth in Member States, claims Vitas Vasiliauskas, Chairman of the Bank of Lithuania, who chairs a debate on the...
September132017
Balance of Payments of the Republic of Lithuania, July 2017
September122017
In the first half of this year, banks increased lending to enterprises and residents. An economic recovery reduced the amount of bad loans thereby improving banks’ profitability indicators.
August312017
Credit unions granted more loans and operated profitably, some should continue strengthening capital
This year credit unions continued to expand the loan portfolio, which at the end of the half-year amounted to EUR 379.3 million, a year-on-year increase of nearly a fifth. In H1 2017, the credit union sector, which is undergoing restructuring, earned...
August312017
With the issuance into circulation of the €2 coin dedicated to Vilnius, the Bank of Lithuania sends a message to the world about a modern and tolerant city, conducive to business, trade, and life. One million of such coins minted are legal tender...
August302017
In the first half-year, Lithuania’s insurance market growth was the strongest over the decade: insurance premiums rose by 17.4 per cent (to EUR 388 million), claims paid – by 18.1 per cent (to EUR 214 million). In view of the current situation and...
August282017
Balance Sheet of Monetary Financial Institutions, July 2017
August242017
The first half-year of 2017 was a success for equity investment funds which operate and are distributed in Lithuania. Investors direct more funds to foreign funds, distributed in the country; specialised funds, intended for professional investors,...
August232017
The Bank of Lithuania has recently noticed intensified activities of the SkyWay group, encouraging investing in this group’s projects. Our advice is to not to be drawn in by the proposals of SkyWay , as this may lead to investors losing their...
August222017
Vitas Vasiliauskas and Sergiu Cioclea, the heads of the Bank of Lithuania and the National Bank of Moldova, signed a memorandum, agreeing to cooperate and share information between the two national central banks.
August182017
More than two and a half years after the adoption of the single currency of the European Union in Lithuania, LTL 480 million is still to be returned to the Bank of Lithuania, which issued litas. This is almost one-tenth of total litas that was in...
August182017
Having determined that the likely dissipation of high-value assets of Baltija credit union may lead to a significant loss (nearly EUR 2 million), and due to threats to the interests of depositors, other creditors and clients, the Supervision...
August172017
At the end of June of this year, about 440 thousand residents were using consumer credit lender services – almost 100 thousand (approximately the number of residents in Šiauliai) , or fewer by a fifth year on year. Credit borrowers aged 25 and...