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The Bank of Lithuania proposes to tighten requirements for consumer credit drawers by way of a law
2013 07 02
Regarding tendencies in the consumer credit market, the Bank of Lithuania will present to the Committee on Budget and Finance of the Seimas proposals to restrict activities of consumer credit drawers by way of a law.
By the law for professional investors a legal environment complying with global standards will be created in Lithuania
2013 07 01
Lithuania’s capital market should face a new incentive to finance small and medium sized businesses. The Republic of Lithuania Law on Collective Investment Undertakings Intended for Informed Investors that comes into force as from 1 July and...
International Monetary Fund‘s Managing Director Christine Lagarde to visit Lithuania
2013 07 01
Christine Lagarde, the head of the International Monetary Fund (IMF), will be on a visit to the Bank of Lithuania this month. This will be the first visit of an official of such a rank in Lithuania in the recent sixteen years.
Direct Investment in Q1 2013
2013 07 01
The Bank of Lithuania and Statistics Lithuania inform that Q1 2013, compared to Q4 2012, foreign direct investment flow into Lithuania increased 1.8 times; however, the Lithuanian direct investment abroad was on the decrease.
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Possibilities for Lithuanian financial institutions to open the direct way into China‘s securities market discussed in Beijing
2013 06 28
Monetary Survey and Balance Sheet of other MFIs, May 2013
2013 06 27
In May 2013 the monetary financial institutions’ (MFI) net external assets went down by LTL 300.9 million and amounted to LTL 7.1 billion. The outstanding amount of domestic credit decreased by LTL 131.2 million due to transactions and by LTL...
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Ingrida Šimonytė appointed to the Board of the Bank of Lithuania
2013 06 21
Balance of Payments of the Republic of Lithuania for Q1 2013
2013 06 20
The foreign trade balance turning again to a deficit and increased income balance deficit led to a deficit in the current account balance (CAB) of the country's balance of payments of LTL 781 million in Q1 2013, and compared to Q4 2012, a negative...
Survey: the majority of the population has payment cards, but experience a lack of places where they can use them
2013 06 18
The potential of the development of places where settlement via payment cards is possible is still untapped — this is indicated by the results of the Survey on the Habits of the Population in Using Payment Services. Payment card users still lack...
Balance Sheet of the Bank of Lithuania, May 2013
2013 06 14
In May 2013, external assets and external liabilities of the Bank of Lithuania decreased by LTL 576.7 million and LTL 235.3 million respectively. At the end of the month these indicators were equal to LTL 19.6 billion and LTL 60.1 million...
Balance of Payments of the Republic of Lithuania, April 2013
2013 06 12
(survey of key indicators) For the fourth consecutive month in Lithuania the current account balance (CAB) of the balance of payments recorded a deficit, which in April widened by more than a third month on month. The positive value (LTL...
Official Reserve Assets, May 2013
2013 06 07
At the end of May 2013, official reserve assets amounted to LTL 19.7 billion (EUR 5.7 billion). In May they decreased by LTL 686.7 million, i.e. by 3.4 per cent.
The Bank of Lithuania has imposed large fines on shareholders of Linas LLC for legal violations
2013 06 06
The Bank of Lithuania imposed fines for two parties acting in concert for the infringement of the Law on Securities. The limited liability company (LLC) Rentija was fined LTL 250,000 and Mr. Ramūnas Lenčiauskas — LTL 300,000. The Board of the Bank...
The Prospectus of Shares of AviaAM Leasing AB was approved
2013 06 04
The Supervision Service of the Bank of Lithuania, having examined the request of AviaAM Leasing AB (Lithuania), decided to approve the Prospectus of Shares of this company.
Monetary Survey and Balance Sheet of other MFIs, April 2013
2013 05 29
In April 2013 the monetary financial institution's (MFI) net external assets went down by LTL 245.4 million and amounted to LTL 7.3 billion. Domestic credit, with the decrease of credit to the general government and other residents, decreased by...
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With the slowdown in the exceptional growth of export, the country’s economic expansion will depend more on domestic demand
2013 05 23
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