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Resolutions of the Board of the Bank of Lithuania

Financial services providers will be obliged to inform about new products in advance and to assess their risk

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

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

Decisions of the Supervision Service of the Bank of Lithuania

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

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

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

Resolutions of the Board of the Bank of Lithuania

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

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.

The Banking Service started its operation at the Bank of Lithuania

On the 9th of July the Banking Service started its operation at the Bank of Lithuania. It has been authorised the execution of all banking operations– management of foreign reserves and other financial assets, investment of funds of the Bank...

Official Reserve Assets, June 2012

At the end of June 2012, official reserve assets amounted to LTL 18.9 billion (EUR 5.5 billion). In June, they increased by LTL 308.5 million or 1.7 per cent.

Direct Investment in Q1 2012

The Bank of Lithuania and Statistics Lithuania inform that at the end of Q1 2012, compared to both the end of 2011 and as of 31 March 2011, cumulative foreign direct investment (FDI) in Lithuania and Lithuanian direct investment (DI) abroad...

Decisions of the Supervision Service of the Bank of Lithuania

Monetary Survey and Balance Sheet of Other MFIs, May 2012

Net external assets of monetary financial institutions (MFIs) declined in May 2012 by LTL 1.9 billion to LTL 7.8 billion at the end of the month. Monetary aggregate M3 climbed during the month by LTL 346.1 million, but its annual growth rate...

The Young Economists – Winners of the Student Research Papers Competition “New Economic Ideas” Have Been Awarded at the Bank of Lithuania

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