Bank of Lithuania

A financial adviser company is a market participant licensed by the Bank of Lithuania, which provides recommendations on investment issues, accepts and transfers customer orders, assesses the financial position and possibilities of the customer, reorganises its loans or restructures other financial liabilities, represents the customer at banks or in maintaining a relationship with other creditors, negotiates, looks for alternative sources of financing. A financial adviser company must insure its professional civil liability and have insurance coverage during the entire period of its activity.

Currently, 4 financial adviser companies operate in Lithuania.


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Last update: 12-09-2019