ECB adopts an unprecedented set of collateral measures to mitigate the tightening of financial conditions across the euro area Temporary increase in the Eurosystem’s risk tolerance in order to support credit to the economy ECB eases the...
The Bank of Lithuania
April092020
April022020
Considering the fact that applicants for authorisation or a licence, due to precautionary measures implemented in relation to COVID-19 both on a national and global level, might face some difficulties while trying to obtain the required documents from...
April012020
The Seimas of the Republic of Lithuania has adopted an urgent amendment to the Republic of Lithuania Law on the Bank of Lithuania, giving the green light for more financial institutions to apply to the central bank for liquidity loans.
April012020
Lithuania’s financial accounts for Q4 2019
March302020
The Supervision Service of the Bank of Lithuania approved a take-over bid circular submitted by UAB Ignitis grupė for the redemption of ordinary registered shares of the group’s undertakings, AB Energijos skirstymo operatorius and AB Ignitis gamyba,...
March262020
Direct Investment In Q4 2019 (Joint Press Release by the Bank of Lithuania and Statistics Lithuania).
March262020
Balance Sheet of Monetary Financial Institutions, February 2020
March262020
The coronavirus (COVID-19) outbreak will hit Lithuania’s economy with its hardest punch in the second and third quarters of 2020. However, if the spread of the virus is properly contained and economic stabilisation measures are put in place, economic...
March262020
Review of the Balance of Payments services exports and imports for Q4 2019 (Joint release by the Bank of Lithuania and Statistics Lithuania)
March202020
ECB gives banks further flexibility in prudential treatment of loans backed by public support measures ECB encourages banks to avoid excessive procyclical effects when applying the IFRS 9 international accounting standard ECB activates...
March202020
Current account surplus – largest since joining the European Union
March202020
The coronavirus pandemic is a collective public health emergency unprecedented in recent history. It is an unbearable human tragedy played out across the world and our thanks go to the dedicated health workers on the frontline of our health systems....
March192020
The Bank of Lithuania has no evidence that Lithuania’s Swedbank was involved in large-scale money laundering transactions. The Lithuanian branch of Swedbank has been extremely conservative in its approach to higher-risk customers and non-residents....
March182020
Since the economic upturn in Lithuania is currently overshadowed with challenges of COVID-19, the Bank of Lithuania has decided to release the countercyclical capital buffer (CCyB), reducing the rate from 1% to 0%. The €86 million reserve that banks...
March172020
At the end of 2019, a total of 115 electronic money (EMI) and payment (PI) institutions operated in Lithuania – their number over the year grew by a fifth. Corporate income from licensed activities (according to unaudited data) increased 1.7...