Finance
Credit company fined record €30k for giving loans to jobless
Lithuanian banking regulators have hit a consumer credit company with a fine of €30,000 for issuing loans to unemployed applicants, the biggest penalty of...
How would Lithuanians react to idea of abandoning hard cash?
Norway ’s biggest bank DNB has called for the country to completely abandon hard cash, but how would Lithuanians react to such a move here?
Sanctioned consumer credit company resumes operations in Lithuania
4finance Group S.A., a Riga-based online and mobile consumer lending group, has announced it has re-started lending operations in Lithuania through its...
Banks fail to develop common solution to replace code cards
Commercial banks in Lithuania have still not developed a common alternative for code cards, whose use will be restricted from April.
Why Lithuanians prefer to go bankrupt abroad
After Lithuania legalized bankruptcy procedures for individuals three years ago, only 17 people have made use of the relief from their debts by declaring...
Parengė Gediminas Inčiūra
