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Economic development is fuelled by a recovery in domestic demand, price developments — favourable for consumers

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Deposits of individuals and businesses with banks hit a record

Nobel Prize laureate: prevention of asset bubbles — the basis of financial stability

Financial institutions' perception of risks to Lithuania's financial system is more moderate

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Survey: for households in debt, their financial liabilities are a burden; however, only every other family calculates its expenses

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Survey: With the improvement of financial indicators, the number of enterprises inclined to borrow is increasing

Survey: improving expectations and increasing competition encourages banks to mitigate credit conditions

Banks’ and population’s perception of real estate market prospects has improved

While most banks and households are still not expecting any significant real estate market changes, the number of those believing that the market stagnation has ended and prices will rise moderately in the long run is increasing, show bank lending...

Financial market participants beginning to assess the increasing probability of the adoption of the euro

Lithuania’s objective to adopt the euro from 2015 and its possibilities to implement this objective are already being assessed by global financial market participants. The international rating agency Standard & Poor’s on Friday upgraded...

Survey: the majority of the population has payment cards, but experience a lack of places where they can use them

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...

Survey: the smallest problem for businesses — financing sources; the biggest concern — taxes and production costs

Businesses indicate a possible increase in the burden of taxation and production costs as the most important issue of the future, while the availability of financing sources is seen as the factor of least concern. Such results were revealed in the...

Survey: with the strengthening of competition, banks are mitigating lending conditions to businesses

A survey performed by the Bank of Lithuania shows that commercial banks, for the second half-year in a row have mitigated credit conditions for small and medium businesses, and in the future plan to mitigate them even more. As the major argument...

Survey: commercial banks assess the prospects of the real estate market much more favourably—there is an increase in those that believe that the stagnation has ended.

Although a large part of commercial banks participating in the Bank of Lithuania’s survey indicated that they don’t expect changes in the price of real estate, there has been a significant increase in those that believe that the market's...

Survey: a large number of households are able to save, but only every other family plans its income and expenses

Although a large share of households every month are able to set away a part of their money for savings, more than half of families don’t plan their most important monthly earnings and expenses. This was shown in the Survey of the Financial...

Financial institutions are worried about the issue of the debts of EU states and the dependence of Lithuania’s export on the external economic environment

Financial institutions, surveyed by the Bank of Lithuania, are most worried about external risk sources: the escalation of the issue of the debts of the states of the European Union, also the possible drop in Lithuania’s export if the growth of...

V. Vasiliauskas: Europe needs an effective banking union where all members would be equal

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