Finance

4finance, the leading consumer credit company in Lithuania, has had its licence revoked by the Bank of Lithuania following repeated violations.

The key risks to Lithuania‘s financial system come from geopolitical tensions in Eastern Europe and a prolonged low interest rate period, according to a survey by the Bank of Lithuania.

The Lithuanian Parliament has adopted the final amendments satisfying legal conditions that will ensure Lithuania's full-fledged participation in the banking union.

The Seimas, the Parliament of Lithuania, has rejected the initiative to introduce progressive taxation.

The Bank of Lithuania has drafted a list of private banking services that it proposes should be made more accessible. If the proposal is endorsed by parliament, commercial banks will have to provide basic services like debit card administration, cash withdrawals and money transfers in the EEA to the...

The National Audit Office criticised Lithuania's national budget for 2016, saying it was based on excessively optimistic tax collection expectations. Minister of Finance Rimantas Šadžius has dismissed the remarks.

The government-run company Būsto Paskolų Draudimas, or Housing Loan Insurance, will search for people who have defaulted on their loans and emigrated to the United Kingdom.

According to the assessment of commercial banks, the financial status of residents and of the majority of the economic activities is improving - the survey of banks, initiated by the Bank of Lithuania, reveals that banks plan to increase loan portfolios moderately, the country's central bank reports...

Two thirds of Lithuanians trust insurance companies and the same number of people is suspicious of instant credit companies.

The survey of financial literacy commissioned by the Bank of Lithuania has revealed that Lithuanians have only partially learned the lessons of the previous financial crisis. In case of losing the source of income, 30 percent of the polled said they would successfully cover living expenses for at le...

The Seimas, the Parliament of Lithuania, has accepted for consideration the 2016 state draft budget law after discussions and questions to Finance Minister Rimantas Šadžius.

Рейтинг страновых брендов 2015 года, выпущенный компанией Brand Finance, показал, что за минувший год стоимость бренда "Россия" существенно снизилась - на более 350 млрд долларов. Из-за этого занимавшая в 2014 году 12-ю строчку Россия упала до 18-го места, пропустив вперед себя в рейтинге Южную Коре...

Europos ekonomika auga vangiai, o Kinijos akcijų rinka ir toliau smarkiai svyruoja. Graikijai trūksta pinigų, o ant Argentinos pečių išlieka didžiulė skolų našta. Rodos, kad nė vienas bankas nėra patikimas.

Nuo šiol kreditus asmenims ir paskolas verslui teikianti akcinė bendrovė „Bobutės paskola“ veiks „BnP Finance“ vardu, rašoma bendrovės pranešime spaudai.

The Seimas of Lithuania, parliament, has approved amendments to the Law on Consumer Credit which are aimed at regulating the consumer credit market in order to promote responsibility of consumer credit lenders and their clients.

Lithuanian Finance Minister Rimantas Šadžius says that next year's budget has been drafted to give a boost to the country's slowing-down economy, noting planned increases in the minimum wage, in the non-taxable income tax threshold and in salaries for public sector employees will stimulate domestic ...

The level of VAT revenue collected in Lithuania is well below that which could be collected, the European Commission has said.

Metinės vadovų konferencijos „Lūžio taškas“ dalyviai Metų vadovo titulą šiemet skyrė bendrovės „Amilina“ generaliniam direktoriui Mindaugui Gedvilui.

Lietuvos banko Priežiūros tarnyba nustatė, kad UAB „IPF Digital Lietuva“ (buvusi UAB „MCB Finance“), valdanti prekių ženklus „Credit24“ ir „Sving“, suteikdama vartojimo kreditą konkrečiam asmeniui, netinkamai įvertino jo mokumą ir nesilaikė atsakingojo skolinimo principo. Už tai įmonei skirta 17 377...

Обанкротившийся и ликвидируемый сейчас банк Ukio bankas за не разглашаемую сумму продал кредитный портфель компаний в России и Литве номинальной стоимостью 54,8 млн. евро российской компании Platfroma-Finance.