Reorganisation of the bank Finasta AB and financial brokerage firm Finasta AB, merging these companies with Šiaulių Bankas by acquisition, can be closed only upon receiving permission from the supervisory authorities. Therefore, after receiving consent from the Bank of Lithuania, Šiaulių Bankas and the companies subject to reorganising, i.e., the bank Finasta AB and financial brokerage firm Finasta AB, will apply to the Bank of Lithuania as required by the laws asking to grant permission for reorganisation.
The Bank of Lithuania has organised seminars for 1,200 cash handlers from postal, financial services and trade enterprises related to the upcoming euro adoption. The participants went on to transfer their knowledge about the single currency of the European Union to their colleagues all across Lithuania. […]
Swedbank‘s deal with Danske Bank on taking over the latter’s retail banking services might put the Swedish bank into a dominant market position and therefore will need to be signed off by the Competition Council, a lawyer says. Still, there should be no trouble securing the competition watchdog’s approval, the business daily Verslo Žinios reports. […]