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Resolutions of the Bank Of Lithuania Supervision Service

For reports not submitted on time — notices for twelve consumer credit drawers

This year the banks increased their loan portfolio, but earned less from the interest

In the first quarter of this year, the banks and branches of foreign banks operating in Lithuania increased the loan portfolio, however, with the decrease of the main source of income—interest income—the banks’ profit, excluding the contributions...

The Bank of Lithuania has begun to asses the request to purchase the block of shares of AB bankas FINASTA

The Bank of Lithuania accepted the request of EurEst Capital OU and a group of legal and natural persons to purchase the block of shares of AB bankas FINASTA and has begun to asses the submitted documents.

In 2012 banks were more active in lending, but they earned less

Over the past year, the assets of banks operating in the country and branches of foreign banks decreased, the portfolio of granted loans and the sum of deposits increased, but profits went down a little more than by a third.

A contract signed to transfer the liabilities and assets of Ūkio bankas to Šiaulių bankas

The Bank of Lithuania agreed to the transfer of the liabilities and assets of insolvent Ūkio bankas to another bank.

Three more banks are interested in the opportunity to be involved in the restructuring of Ūkio bankas

Performing the instructions of the Bank of Lithuania to begin preliminary negotiations on the possibility of banks participating in the restructuring of Ūkio bankas, the temporary administrator addressed the banks operating in Lithuania, with the...

Bank of Lithuania ordered the beginning of negotiations regarding possible transfer of the assets and liabilities of Ūkio bankas

The Bank of Lithuania, aiming to protect the interests of depositors, other customers and the public, and taking into account the necessity to as soon as possible find a solution on the issue of the prospects of Ūkio bankas, told the Bank’s...

For clients of Ūkio bankas - special informational hotlines

For clients the newest important information regarding Ūkio bankas will be available via a special free hotline 8 800 10 007 (for those calling within Lithuania) and tel. +370 37 395 532 (outside of Lithuania). Information via this hotline will be...

V. Vasiliauskas: The priority of the Bank of Lithuania—continuity of the banking operations of Ūkio bankas

The operation of Ūkio bankas is temporarily suspended, a temporary administrator is appointed

Banks loan portfolio grew for a second consecutive quarter, with credit granted mainly for business

The loan portfolio of the domestic banking system grew, the volume of deposits increased, and profitability indicators improved in the third quarter. Banks assets grew by LTL 0.4 billion (0.5%) in the third quarter after declining during the first...

Decisions of the Supervision Service of the Bank of Lithuania

Amendments to the Articles of Association of BALTO LINK agreed; Regulations of the investment fund ALGORITHMIC TRADING PORTFOLIO allowed to be approved; Permission to amend Regulations of two investment funds granted; Public list...

Decisions of the Supervision Service of the Bank of Lithuania

The inspection results of the credit union Mažeikių kredito unija, which were presented to the Supervision Service of the Bank of Lithuania, showed that capital adequacy, liquidity and...

New requirements will strengthen the responsibility of bank management bodies for reliable operation

The Bank of Lithuania adopted the General Regulations for Internal Management of Banks. This legal act was adopted to ensure that the bank’s organisational structure and internal management is efficient, based on long-term bank operation strategy...

Bank loan portfolio and deposits grew, whereas assets and profit declined in the first half of 2012

In the first half of this year, the banking sector expanded in a sustainable manner. The main share of bank assets, the loan portfolio, increased after a break of almost one year.

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