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Member of the Board of the Bank of Lithuania: people understand that it is disadvantageous to panic
2011 11 21
According to the latest data of the Bank of Lithuania, deposits at the operating banks of the country declined slightly, but such fluctuations of the volume of deposits are normal in the everyday operation.
Temporary administrator was instructed to submit the conclusion regarding the reorganisation of AB bankas SNORAS by 23 November
2011 11 21
After the presentation of the report by the temporary administrator of AB bankas SNORAS and the assessment of potential bank reorganisation models presented by him, the Board of the Bank of Lithuania instructed the temporary administrator to...
V. Geralavičius: the situation in the country’s operating banks is stable, deposit flows are usual
2011 11 18
 According to the data of the Bank of Lithuania, the domestic banking system is operating in a stable manner, the movement of deposits of bank customers is very small and corresponds to the average of many years. This was noted on Friday at...
The Board of the Bank of Lithuania removed some restrictions on AB bankas SNORAS services
2011 11 18
AB bankas SNORAS customers – natural persons and legal entities – will be able to transfer or withdraw funds in the amount not exceeding LTL 500 per day from each of their accounts, if the payment operation is performed by the customer using a...
Domestic banks operate as usual, no significant redistributions of interbank funds were observed
2011 11 17
The Bank of Lithuania conducts constant monitoring of the operation of banks. The data for today’s noon show that the country’s banks operate under usual regime. No significant redistributions of interbank funds were observed.
Answers to the questions of AB bankas SNORAS customers – by phone
2011 11 17
AB bankas SNORAS customers may receive answers to the questions on when and how will the provision of services be renewed and on deposits, account balances and other activity of the bank by calling the phone number of AB bankas SNORAS in Vilnius...
Temporary administrator of AB bankas SNORAS appointed
2011 11 16
The Board of the Bank of Lithuania ruled out to appoint a temporary administrator of AB bankas SNORAS and apply temporary preventive measures to ensure protection of the bank‘s assets. The decision was taken to effectively protect the interests of...
Regarding speculations on the issues of bank stability
2011 11 15
In performing the function of credit institutions supervision assigned to the Bank of Lithuania by the laws, the Bank of Lithuania conducts constant monitoring of the situation of the financial system. Therefore, on the basis of objective credit...
Balance of Payments of the Republic of Lithuania, September 2011
2011 11 15
The current account balance (CAB) of the country’s balance of payments was in September 2011 in surplus of LTL 211.8 million as a result of a drop in foreign trade balance deficit and an increase in the current transfer surplus. The negative...
Balance Sheet of the Bank of Lithuania, October 2011
2011 11 14
In October 2011, external assets and external liabilities of the Bank of Lithuania increased by LTL 483.6 million and LTL 594.2 million respectively. At the end of the month these indicators were equal to LTL 19.5 billion and LTL 1.6...
The Bank of Lithuania’s updated forecast reflects worsening of consumer and businesses expectations continued to be affected by global market tensions
2011 11 10
The Bank of Lithuania has left the current year domestic economic growth forecast unchanged at 6.2 per cent, and expects the gross domestic product (GDP) to grow only by 3.5 per cent next year (in August the figure was 4.8 per cent).
Meeting of the Board of the Bank of Lithuania
2011 11 10
Official reserve assets, October 2011
2011 11 07
At the end of October 2011, official reserve assets made up LTL 19.4 billion (EUR 5.6 billion). In October, they increased by LTL 399 million or 2.1%.
Commercial banks to ease lending, no fast recovery of real estate market expected
2011 11 04
The latest survey of banks and businesses by the Economics Department of the Bank of Lithuania has revealed a possible growth of loan portfolio and less stringent lending requirements in the nearest six months, while there is still much...
As the banks switch into higher gear, they should not forget to fasten safety belts
2011 10 27
As projected, in the third quarter of this year, the banking activity gained momentum: the total loan portfolio started to grow again after a prolonged recess. A quarterly growth of business loans was registered for the first time in three years....
Monetary Survey and Balance Sheet of the other MFIs, September 2011
2011 10 27
The growth rate of annual M3 has accelerated gradually in recent six months to reach this year’s record heights of 9.5% in September 2011. At the end of the month, MFIs’ external assets were by LTL 5.3 billion ahead of their external liabilities....
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