Bank of Lithuania

Norwegian specialised bank gets licence in Lithuania

Following the assessment and proposal of the Bank of Lithuania , AB Fjord Bank has been granted a specialised bank licence by the European Central Bank...

Central bank: corporate tax hike better alternative to bank asset tax

The Bank of Lithuania sees the Seimas' proposal to raise the corporate income tax rate for banks from 15 percent to 20 percent as a better alternative to...

Factoring and microcredits company gets banking licence

Following the assessment and proposal of the Bank of Lithuania , the European Central Bank (ECB) granted PayRay, UAB a banking licence , authorising it to...

Doubts from central bank about 2020 budget bill

The government's 2020 budget bill projects a significant amount of questionable revenue from improved tax administration, which may lead to a...

Vasiliauskas calls on MPs to turn to ECB over banking tax

Vitas Vasiliauskas , board chairman of the central Bank of Lithuania , has called on lawmakers to turn to the European Central Bank for the latter to...

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