2012-03-06
Approval of the inspection results of Svenska Handelsbanken AB Lithuania Branch
The Board of the Bank of Lithuania was informed about the results of the inspection of the credit institution Svenska Handelsbanken AB Lithuania Branch. Correctness of the preparation of financial statements and reports for supervisory purposes submitted to the Bank of Lithuania, the way to ensure compliance with the Bank of Lithuania requirements for the liquidity buffer and counterbalancing capacity, as well as effectiveness of the internal control were checked. By way of selective check-up, compliance with the requirements of the Bank of Lithuania for data entry into the Loan Risk Database was checked.
Svenska Handelsbanken AB Lithuania Branch informed that it had eliminated the data entry into the Bank of Lithuania Loan Risk Database shortcoming indicated in the inspection report.
The Credit Institutions Supervision Department was obligated to inform the credit institution Svenska Handelsbanken of the Kingdom of Sweden and the Supervisory Authority of the Kingdom of Sweden about the inspection results of Svenska Handelsbanken AB Lithuania Branch.