aA
Lithuania’s banking sector is faced with exceptional circumstances: due to particularly high liquidity and predominance of floating-rate loan portfolio of banks, the increased interest rates have been passed on to borrowers very quickly, while the rise in interest rates on deposits has been much slower, the Bank of Lithuania said in a press release.
Central bank puts forward proposals amid unusual circumstances in sector
© DELFI / Andrius Ufartas
Elta EN
It is forbidden to copy the text of this publication without a written permission from ELTA.

Economy minister sceptical about proposed real estate tax

Minister of the Economy and Innovation Aušrinė Armonaitė believes that the Finance Ministry’s...

Finnish seller on the Pigu.lt Marketplace – success from the very first steps

Reaching new customers, growing sales and expanding into new markets. These are the benefits of...

INVL Baltic Real Estate plans to pay its shareholders dividends

The real estate investment company INVL Baltic Real Estate plans to pay out dividends of EUR 0.725...

Construction input prices up by 11% in February

In February 2023, compared to January, construction input prices decreased by 0.1 percent, reports the...

Industrial production totalled EUR 6bn in January-February

In February 2023, industrial production totalled EUR 2.9 billion at current prices and, compared to...

Top news

MFA issues a statement on Russia’s intention to deploy tactical nuclear weapons in Belarus

The Ministry of Foreign Affairs of Lithuania is closely following the situation regarding the...

Entire border with Belarus is monitored using modern surveillance system

A modern surveillance system now covers Lithuania’s entire border with Belarus stretching 678.82 km.

Finnish seller on the Pigu.lt Marketplace – success from the very first steps

Reaching new customers, growing sales and expanding into new markets. These are the benefits of...

Proposal registered to hold referendum on multiple citizenship next year

A proposal has been registered in parliament to hold the referendum on multiple citizenship in May 2024.

Politician faces voter bribery allegations

Tauragė County Police Headquarters is carrying out a pre-trial investigation into voter bribery and...