Nordea Baltic chief Inga Skisaker and DNB's Mats Wermelin
Economy

Nordea and DNB merger ‘makes sense’ – banking analysts

The announcement this week that two Nordic banks, Nordea and DNB, are merging their operations in the Baltic states does not come as a surprise, banking analysts say. […]

Payments
CORPORATE

Private borrowing on the rise in Lithuania

Lithuanian Banking Association says that people in the country are borrowing far more actively this year than in 2015. Lithuanians are also more using bank cards more actively, even though cash remains the most popular […]

Rimantas Šadžius
European Union

EP panel greenlights Lithuanian FinMin’s appointment to European Court of Auditors

The European Parliament‘s (EP) Committee on Budgetary Control on Monday gave a go-ahead to appointing Lithuania’s Finance Minister Rimantas Šadžius as member of the European Court of Auditors. […]

Laimonas Belickas
CORPORATE

Lithuania in world‘s top 10 for leasing finance

Lithuania has the ninth highest level of leasing finance in the world with lease agreements signed amounted to more than a billion euros last year in Lithuania. A third of leasing finance was used for […]