Credit union sector operating at a loss this year

Credit union sector operating at a loss this year
November 30, 2016 The data for the third quarter of 2016 shows that the credit union sector is operating at a loss this year – EUR 4.4 million in losses were incurred. The loss-bearing activities were due to a further decline in credit union income and rise in expenses. The Bank of Lithuania, in preparation for the restructuring of credit unions, is carrying out a review of credit unions’ asset quality.

Survey of the balance sheet of Monetary financial institutions, October 2016

Survey of the balance sheet of Monetary financial institutions, October 2016
November 28, 2016 The Bank of Lithuania's holdings of debt securities issued by euro area residents increased by EUR 431.8 million, while loans to euro area residents decreased by EUR 2.7 million over the month. These indicators amounted to EUR 5.9 billion and EUR 543.0 million respectively at the end of the month.

Number of people late to repay payday loans continues to drop sharply

Number of people late to repay payday loans continues to drop sharply
November 24, 2016 Positive trends in the payday loan market continued into the third quarter of this year: payday loans that people are late to repay were dropping sharply in number. Following a sharp decline in borrowing volumes at the beginning of the year, in the second half-year they remain at similar levels...
Event calendar:
  • Mo28
  • Tu29
  • We30
  • Th1
  • Fr2
  • Sa3
  • Su4
  • Mo5
  • Tu6
  • We7
  • Th8
  • Fr9
  • Sa10
  • Su11
INTEREST RATES | effective from 16/03/2016
Marginal lending facility0.25
Main refinancing operations0.00
Deposit facility-0.40
  
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coderatechange, %
USD1.073-0.0373
GBP0.850951.0509
CHF1.08340.0092
NOK8.99080.1169
PLN4.428-1.1166
RUB68.3924-0.0472

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