The Bank of Lithuania

Bank of Lithuania survey: an extra €400 would make life easier 

The latest Survey of Households commissioned by the Bank of Lithuania revealed that, despite their improving financial health, a large number of families would still like to earn at least €400 more to be satisfied with their living conditions in...

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Bank of Lithuania’s Real Estate Conference in Kaunas: No real estate bubble, yet uncertainty lingers

Investment in commercial RE in Lithuania is at record highs, however, the development of housing and other RE market segments is balanced. Interest rates on housing loans are gradually increasing – likely due to rising demand and reduced competition,...

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Governors of Baltic central banks to meet in Tallinn

During an informal meeting held in Tallinn today, the governors of the Baltic central banks will discuss, among other things, the regional economic outlook, challenges in the labour market, AML/CFT measures, and monetary policy-related issues.

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Deposits of Lithuanian residents with credit institutions increased

Balance Sheet of Monetary Financial Institutions, October 2018

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Bank of Lithuania has launched public consultation on Open Banking

Seeking to promote innovation in the financial sector, the Bank of Lithuania has initiated a public consultation to find out the opinion of current and future financial market participants and other stakeholders about the need and conditions for Open...

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Luminor Bank AB fined for consumer credit advertising breach

​ The Board of the Bank of Lithuania has imposed a €150,220 fine on Luminor Bank AB for non-compliance with legislative requirements for consumer credit advertising.

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Exports are fluctuating – what does the future hold?

Exports are still one of the main drivers of the country’s economy, however, current forecasts predict that in 2019 export growth will decelerate which, in turn, will drag on GDP growth. Following a slower start to the year, Lithuania’s exports have...

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Bank of Lithuania continues building supportive regulatory framework

Financial market participants actively participated in the initiative of the Bank of Lithuania regarding the improvement of regulatory environment – the Supervision Service received more than a 100 proposals.

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Current account deficit was driven by a rapid decrease in exports of goods

Balance of Payments of the Republic of Lithuania September 2018

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Bank of Lithuania to share good practices with Astana Financial Services Authority 

The Bank of Lithuania and Astana Financial Services Authority (Kazakhstan) have agreed to strengthen cooperation in the field of FinTech and work together in promoting FinTechs in both countries by offering them consultations on financial...

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V. Vasiliauskas: Lithuania to stay one step ahead of the FinTech game

Participating in FinTech Inn, a high-level conference hosting more than 1,000 local and international stakeholders in the financial technology domain, Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania, stressed the importance of both...

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Watch the FinTech Inn conference live

The largest FinTech conference in the Baltic countries will take place in Vilnius on November 8. Bringing together local and international financial experts, business representatives and financial market policymakers, the conference will serve as a...

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Miniature gold coin commemorates beginning of Lithuanian space history

Today the Bank of Lithuania has issued into circulation a €5 gold coin dedicated to Technological Sciences (from the series “Lithuanian Science”). The new coin features the first two Lithuanian satellites and the first Lithuanian words sent from space.

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Price cap for basic payment services remains unchanged 

Set for almost two years, the price cap for the basic payment service package offered by commercial banks and credit unions will remain limited to €1.5 (€0.75 for social benefit recipients). Such a decision was taken by the Board of the Bank of...

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EBA stress test shows euro area banks are more resilient to financial shocks

The results of the EU-wide stress test coordinated by the European Banking Authority (EBA) show that the 33 largest banks directly supervised by the European Central Bank (ECB) have become more resilient to financial shocks over the past two years....

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