Bank of Lithuania
2012-07-12

The maximum technical interest rate used by life assurance companies when calculating the technical provision for loss cover was left unchanged. According to the Resolution No. N-486 of 28 December 2011 by the Insurance Supervisory Commission (its functions were taken over by the Bank of Lithuania), the maximum technical interest rate is 2.63 per cent.

The supervisory authority has to set the maximum technical interest rate each quarter.

The public list of consumer credit intermediaries supplemented

The Supervision Service of the Bank of Lithuania included 61 new consumer credit intermediaries of the consumer credit lender UAB “Ūkio banko lizingas” and 7 consumer credit intermediaries of the consumer credit lender UAB “Lateko lizingas” in the public list of consumer credit intermediaries.

Up to now, this list included 1,832 consumer credit intermediaries of UAB “Ūkio banko lizingas” and 25 consumer credit intermediaries of UAB “Lateko lizingas”

The supplemented list is published on the website of the Bank of Lithuania.

Permission issued to acquire shares of the payment institution SOLLO, UAB

The Supervision Service of the Bank of Lithuania did not object to the direct acquisition by Jolanta Bivainytė of such qualifying holding of the authorised capital and/or voting rights of the payment institution SOLLO, UAB that would give control over SOLLO, UAB.

The payment institution licence of SOLLO, UAB, which grants the right to provide the payment service of money remittances, was issued on 24 February 2011.

Permission issued to become a Member of the Board and Deputy Head of Administration of AB DNB bankas

The Supervision Service of the Bank of Lithuania issued permission to Per Weidemann to become a Member of the Board and Deputy Head of Administration of AB DNB bankas.

"2021-02-21 15:24:24"
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