Lithuanian banks safe from ‘Italian problems’

While Italian banks holding €360 billion of bad loans may soon become a problem for the eurozone, financial institutions in Lithuania are not as exposed to bad loans, representatives of the biggest banks in Lithuania […]


Swedbank Lithuania reports profit growth

Swedbank Lithuania made €22 million in profits in January-March 2016, 3% more than during the first quarter last year. Swedbank, which is part of the Swedish Swedbank group and the second biggest bank in Lithuania, […]

Vitas Vasiliauskas

Lithuanian central bank warns banks may have to increase capital requirements

Lithuanian commercial banks may have to accumulate additional capital buffers for risk control, said Vitas Vasiliauskas, the head of Bank of Lithuania, at the Lithuanian Banking Association conference. […]

Central Bank head Vitas Vasiliauskas

Lithuanian central bank to make sure fixed rate loans’ rates are “fixed”

The Lithuanian Central Bank is to introduce new rules to ensure that interest rates on fixed rate loans remain the same over the whole period of the loan. […]