On 31 December, the last day of 2014, interbank payments in the litas will be carried out only until 1 PM – at that time execution of payments will be stopped in the Bank of Lithuania systems that are used by banks. Interbank payment orders for the same day operations will be accepted until 12 PM 31 December. […]
Lithuanians who live outside the country will have transferred a record sum of money to their relatives back home this year, shows preliminary data obtained by DELFI. […]
In less than three weeks after the Euro Exhibition opened in Vilnius, the number of its visitors has exceeded 10,000. […]
The third and final shipment of euro banknotes was flown from Germany to Lithuania on Wednesday. […]
Lithuanian commercial banks expected a sharp rise in real estate prices early next year, but now they have reduced expectations. The number of banks expecting real estate prices to increase has halved, while most think that prices will not change. […]
The second shipment of euro banknotes was delivered to Lithuania on Wednesday. […]
This Monday, Lithuania congratulated itself on finishing a seminal project in its energy independence policy and welcomed the floating liquefied natural gas terminal in the Baltic port of Klaipėda, from where it will open a second gas import line, an alternative to Russia’s gas giant Gazprom that had monopolized the Lithuanian gas market. […]
The three largest banks operating in Lithuania – SEB bank, Swedbank and DNB bank – have very solid capital buffers and assess risks conservatively enough. This became clear after the European Central Bank (ECB), in cooperation with the Bank of Lithuania, inspected the asset quality of the three commercial banks and performed stress testing, the country’s central bank said in a report on 26 October. […]
The Creditor’s Committee set the minimum selling price and the sale method of the Finasta Banking Group, and authorized the Snoras Bank bankruptcy administrator to complete negotiations with the investor which had submitted the best offer, namely the consortium led by investment company Invalda LT. Nevertheless, the acquisition is still to be approved by the Competition Council. […]
Prime Minister has apologized to the residents of Vilnius for traffic disruption caused by the delivery of the first batch of euro banknotes during Wednesday rush hour. […]
Lithuanian President Dalia Grybauskaitė met with the heads of 18 major Norwegian business companies and investment funds to discuss the investment climate and business opportunities in Lithuania, the presidential press service said. […]
Despite criticism of the Finance Ministry’s optimistic Lithuanian GDP growth forecasts for next year, Finance Minister Rimantas Šadžius says that the country’s economic growth will be faster than in the euro zone but “not explosive” and warns that difficulties caused by the crisis in the EU-Russia relations will be long-lasting. […]
The first batch of the Lithuanian euro coins left the vault of the Bank of Lithuania on 6 October. It is designated to one commercial bank, which was the first to take 2-euro coins for EUR 45,000, the central bank said in a statement on Monday. […]
The Bank of Lithuania, for the first time, invested a small part of its foreign reserve assets in China‘s securities. To do that, Lithuania’s central bank had to receive the approval of the People’s Bank of China and finish necessary legal procedures for investment in China’s capital market. […]
Robertas Dargis, head of the Lithuanian Confederation of Industrialists (LPK), is convinced that cooperation among producers is one of the keys to open vast foreign markets to Lithuanian goods. […]
Over August, the M3 broad monetary aggregate in Lithuania increased by LTL 244.6 million (EUR 70.9 million) and its annual growth rate was 3.6 percent at the end of the month, the Statistics Department of the Bank of Lithuania reports. […]
Former Lithuanian Minister of Finance and now deputy chair of the central Bank of Lithuania Ingrida Šimonytė has decided against running for Vilnius mayor. […]
Mario Draghi, President of the European Central Bank (ECB), has handed a symbolic “Euro Star” to Vitas Vasiliauskas, the governor of the central Bank of Lithuania, on the occasion of Lithuania’s upcoming accession to the euro area. […]
The Lithuanian Mint has already minted 97 million Lithuanian euro coins, which is about half the amount to be minted this year and one-fourth of the total amount to be produced this year and next year, the central bank governor said on Monday. […]
Chairman of the board of the Bank of Lithuania Vitas Vasiliauskas will take part in the meeting of the Economic and Financial Affairs Council (ECOFIN) in Milan, Italy, on 12-13 September. […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes