Lithuanian courts have ruled that a Bank of Lithuania rule forbidding the granting of credit to people who must spend…
The International Monetary Fund (IMF) has said Lithuania needs to carry out structural reforms to its credit unions sector.Lithuania‘s central…
Part of the credit unions operating in Lithuania are opposing a new law aimed at solidifying the market.The Ministry of…
The Lithuanian parliament is to consider a bill allowing mergers of credit unions. The Bank of Lithuania says the measure…
Assets of 63 credit unions that are members of the Lithuanian Central Credit Union (LCKU) amounted to LTL 1.37 billion…