Bank of Lithuania

Bank Snoras headquarters in Vilnius to be sold

Bankruptcy administrator of bank Snoras has started a new stage of property sales. The plan is to sell more than 1,500 movable and 250 immovable...

Lithuania's Šiaulių Bankas acquires Bank Finasta

On 17 July, Lithuanian bank Šiaulių Bankas acquired 100 percent of the shares of AB Bank Finasta and the financial brokerage firm AB FMI Finasta for the...

Bank of Lithuania prepares proposals for promoting small and medium-sized businesses

The Bank of Lithuania with the Ministries of Economy and Finance have formulated and submitted to the Government proposals for measures whose...

Bank of Lithuania chief: New measures to enhance financial system stability

The results of stress testing revealed that the domestic financial system is ready to withstand a sharp deterioration in the state of the economy or...

Bank of Lithuania introduces new macro-prudential policy instrument

In an effort to counter pro-cyclicality in the financial system and strengthen the credit institutions' capital base during periods of excessive credit...

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