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New requirements will strengthen the responsibility of bank management bodies for reliable operation
2012 08 02
The Bank of Lithuania adopted the General Regulations for Internal Management of Banks. This legal act was adopted to ensure that the bank’s organisational structure and internal management is efficient, based on long-term bank operation strategy...
Bank loan portfolio and deposits grew, whereas assets and profit declined in the first half of 2012
2012 08 02
In the first half of this year, the banking sector expanded in a sustainable manner. The main share of bank assets, the loan portfolio, increased after a break of almost one year.
Resolutions of the Board of the Bank of Lithuania
2012 08 02
The World Bank has evaluated the initiated foreign reserve management reform, urges to focus on a longer-term investment horizon
2012 08 01
The World Bank experts, who performed the analysis of the Bank of Lithuania’s foreign reserve management function, gave a positive assessment of the foreign reserve management reform started with the establishment of the Banking Service; however,...
The council established by the Bank of Lithuania will seek harmony of interests of banks and their customers
2012 07 31
In order to ensure sustainable development of the financial market and in search of the ways to solve the problems raised by the associations of banks and users of their services efficiently, the Bank of Lithuania established the Consumers and...
Monetary Survey and Balance Sheet of Other MFIs, June 2012
2012 07 27
Monetary aggregate M3 climbed in June 2012 by LTL 126.2 million, whereas its annual growth rate decreased to 14.3% at the end of the month. The M3 increase was mostly determined by the growth in currency in circulation and overnight deposits....
Resolutions of the Board of the Bank of Lithuania
2012 07 26
Financial services providers will be obliged to inform about new products in advance and to assess their risk
2012 07 24
Market participants intending to distribute new financial products or change already distributed products will be obliged to inform the supervisory authority, the Bank of Lithuania, about them. It is proposed to start the application of such...
The number of consumers initiating disputes with banks concerning housing loan agreements increases
2012 07 20
The number of applications of consumers concerning housing loan agreements received by the Bank of Lithuania, which started investigating the disputes between consumers and financial market participants since the beginning of this year, was higher...
Decisions of the Supervision Service of the Bank of Lithuania
2012 07 18
Decisions of the Supervision Service of the Bank of Lithuania
2012 07 16
Warning issued concerning the consumer credit advertisement that does not comply with the requirements of the laws
Balance of Payments of the Republic of Lithuania, May 2012
2012 07 13
Increased surplus of the balance of services and current transfers and a decreased deficit of the balance of foreign trade resulted in a surplus of the current account balance (CAB) of Lithuania’s balance of payments recorded in May...
Balance Sheet of the Bank of Lithuania, June 2012
2012 07 13
In June 2012, external assets and external liabilities of the Bank of Lithuania increased by LTL 298.0 million and LTL 51.0 million respectively. At the end of the month these indicators were equal to LTL 18.9 billion and LTL 177.3 million...
Decisions of the Supervision Service of the Bank of Lithuania
2012 07 12
Resolutions of the Board of the Bank of Lithuania
2012 07 12
The Board of the Bank of Lithuania has considered and adopted 25 legal acts needed for the implementation of amendments to the Law of the Republic of Lithuania on Collective Investment Undertakings and they form more favourable conditions for...
Financial Accounts of Lithuania for the First Quarter of 2012
2012 07 10
At the end of the first quarter of 2012, the annual growth rate of Lithuania’s financial assets (7%) exceeded that of liabilities (6%). In the same quarter of 2011, the said growth rates accounted for 3 and 1 per cent, respectively.  
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