Fixed-term deposits in banks grew significantly and their interest rates went up last year, while mortgage interest margins fell, the Bank of Lithuania said Thursday.
profit
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Ten Lithuanian companies each earned more than EUR 100 million pre-tax profit in 2022, reports business news website Verslo žinios (vz.lt).
Swedbank has reported a net profit of EUR 361 million in Lithuania last year, which is 152% more than in 2022. The rise in the profit is due to significant growth in the corporate loan portfolio, high private client activity, the European Central Bank’s monetary policy and other reasons, the bank sa...