Finance

  • Economy

Noviti Finance has entered Poland and started providing business loans to Polish companies

Noviti Finance, an alternative non-banking financier, will now provide business loans not only to small and medium-sized enterprises in Lithuania…

1 year ago
  • Economy

Last year, people borrowed more for larger purchases than for immediate consumption

Although the amount of consumer credit granted fell by 16% last year, the average amount of credit increased by 46%,…

2 years ago
  • Tribune

When choosing a financial partner, the focus is on customer service and speed

When choosing a financial partner, people look for greater customer focus, flexibility and speedy and efficient service. These are the…

2 years ago
  • Economy

The investment market is growing inexorably: broker recommends the most promising IPO

Freedom24, an online investment platform recently launched in Lithuania, has announced its results for the last quarter and shares information…

2 years ago
  • Economy

ArcaPay granted a payment institution licence in the EU

ArcaPay UAB, the subsidiary of ArcaPay Ltd, a UK-based and FCA regulated cross-border payments platform, has been granted a Payment…

3 years ago
  • Economy

A new alternative financer launches operations in Lithuania

Following more than 17 years of experience in the business financing domain, Dainius Vaičikonis has founded the alternative financing company…

3 years ago
  • Opinion

Viktorija Vanagė: Lending becoming cheaper, interest rates falling: the whole market will have to adjust

In 2008, with the onset of the financial crisis and tightening of lending rules by conventional banks, access to funding,…

4 years ago
  • Lithuania

Seimas spring session mainly focused on managing the consequences of the coronavirus

The Seimas closed its spring session, which had started on 10 March 2020. This year, the session was held under…

4 years ago
  • Economy
  • Opinion

Many additional changes in the future tax reform

Due to the plans to transfer the employer social security contributions to the employee, the minimum wage and non-taxable income…

7 years ago
  • Economy

Planned tax, pension reforms require agreement, Finmin nominee

Economist Vilius Šapoka, candidate for Lithuania's new finance minister, has so far refused to elaborate on the possible pension and…

7 years ago
  • CORPORATE

IMF commences mission in Lithuania

An IMF mission commenced work in Lithuania. Representatives from the International Monetary Fund met with Minister of Finance Rasa Budbergytė…

8 years ago
  • CORPORATE

Lithuanians largely ignorant about their banking charges

A recent study has shown that nearly 40% of Lithuanians do not know how much they are charged for banking…

8 years ago
  • CORPORATE

€2.7m embezzlement suspected at Lithuanian credit union

Financial crime investigators suspect that €2.7 million could have been embezzled from the credit union Amber. One of its top…

8 years ago
  • CORPORATE

Expats send money home via Post of Lithuania

Over the first half of this year, Lithuanians have received remittances from their expat friends or family members through Lietuvos…

8 years ago
  • Economy

Lithuanian court’s decision to allow credit companies use data on social media ‘ground-breaking’

After the Supreme Administrative Court of Lithuania recently ruled that companies can use information people share on social media to…

8 years ago
  • CORPORATE

Danske Bank strikes largest lease transaction in Lithuanian market this year

Danske Bank has sealed an agreement to lease a 12,000 square metre business centre in Vilnius which is still under…

8 years ago
  • CORPORATE

Will bursting of real estate bubble in Sweden send ripples across Baltics?

With glaring signs of overheating in Sweden's real estate market, Lithuanian experts offer contrasting opinions about whether a bust in…

8 years ago
  • CORPORATE

Borrowing by small businesses doubles in Lithuania

The first quarter of 2016 saw increased borrowing by small businesses, improved corporate credit ratings and growing productivity.Farmers, retailers and…

8 years ago
  • Economy

Investors sue Lithuanian bank over investments that may leave them homeless

Hundreds of small investors have sued Lithuania's DNB bank after investment products they were sold went sour after the 2008…

8 years ago
  • CORPORATE

IMF calls on Lithuania to reform credit union sector

The International Monetary Fund (IMF) has said Lithuania needs to carry out structural reforms to its credit unions sector.Lithuania‘s central…

8 years ago