2012-03-06
The Board of the Bank of Lithuania was informed about the results of the inspection of Allied Irish Banks, p. l. c. Lithuania Branch.
Correctness of the preparation of financial statements and reports for supervisory purposes submitted to the Bank of Lithuania, the way of ensuring compliance with the liquidity ratio, the Bank of Lithuania requirement for the liquidity buffer and liquidity coverage, 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.
The Credit Institutions Supervision Department was obligated to inform the credit institution Allied Irish Banks of Ireland and the Supervisory Authority of Ireland about the inspection results of Allied Irish Banks p. l. c. Lithuania Branch.