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Balance Sheet of the Bank of Lithuania, January 2012

In January 2012, external assets and external liabilities of the Bank of Lithuania decreased by LTL 2.1 billion and LTL 81.1 million respectively. At the end of the month these indicators were equal to LTL 20.3 billion and LTL 1.0 billion...

Special logotype of the Bank of Lithuania will remind of important dates of the national history of money

This year, the Bank of Lithuania publications, website, new exhibitions of the Money Museum will be marked by the anniversary sign of the Bank of Lithuania created by the students of the Vilnius Academy of Arts. It will remind of two important...

Balance of Payments of the Republic of Lithuania, December 2011

In December 2011, the deficit on the current account balance (CAB) of the country’s balance of payments grew month on month by LTL 238.4 million or 68 %. This change in the CAB was the result of an increase in the income balance deficit and the...

Since the beginning of the year, all 2nd and 3rd pillar pension funds operated profitably

In January 2012, the weighted average unit value of 2nd pillar pension funds increased by 2.93 per cent, and that of 3rd pillar pension funds went up by 4.38 per cent. Such results of 2nd and 3rd pillar pension funds were determined by optimism in...

Resolutions of the Board of the Bank of Lithuania

Vasiliauskas: bank profits at a pre-crisis level, loan portfolio shrinks

Insurance market grew in 2011 driven by non-life insurance

Last year was a successful one to the insurance market as its growth rate almost doubled compared with the national economy. In 2011, the amount of written premiums reached as high as LTL 1.7 billion, a year-on-year rise of 9.5%. And the...

Official reserve assets, January 2012

At the end of January 2012, official reserve assets made up LTL 20 billion (EUR 5.8 billion). They decreased month on month by LTL 1.9 billion or 8.6%, but increased year on year by LTL 3.7 billion or 23%.

Bank of Lithuania joins Single Euro Payments Area (SEPA)

From now on government institutions holding their accounts with the Bank of Lithuania will be able to initiate and receive payments in euros according to the SEPA credit payments scheme.

Bank of Lithuania hosts student research competition “New Economic Ideas”

To stimulate the development of economic ideas and promote financial literacy, the Bank of Lithuania is organising this year a university student competition entitled “New Economic Ideas”.

Resolutions of the Board of the Bank of Lithuania

It will be less complicated for the population to settle disputes with financial institutions

The Bank of Lithuania projects that having concentrated the investigation of all disputes between consumers and financial services providing enterprises under the umbrella of one institution, the total number of disputes should increase but their...

Cyber attacks were used to interrupt the provision of the Bank of Lithuania’s online services

Today, around 1 a.m. a cyber attack was launched against the information systems of the Bank of Lithuania in order to interrupt the functioning of its website and other services provided online. Information technology specialists of the Bank of...

Monetary Survey and Balance Sheet of other MFIs, December 2011

In December 2011, the outstanding amount at the end of period (hereinafter „the outstanding amount“) of net external assets of monetary financial institutions (MFIs) decreased by LTL 2.1 billion remaining in the positive territory for more than a...

Resolutions of the Board of the Bank of Lithuania

Banks were more active in lending to businesses in 2011, while halted operations of SNORAS made corrections to record high deposit figure

In the second half last year, for the first time since 2009, the amount of new loans to private enterprises exceeded the flow of repaid loans.

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