The largest Hungarian commercial bank “OTP Bank”, which is acquiring “Luminor”, the third largest banking group in the Baltic States, has 2 million customers in Russia, where it provides retail…
Lithuanian capital Urbo Bank raised another 3.14 million euros in the second stage of bond distribution – funds intended to strengthen the bank’s capital base, increase financing volumes and…
„Revolut“, a global financial leader with 75 million customers worldwide, today announced a significant step in fulfilling its mission to create the first global bank,…
The European Commission (EC) adopted the communication “Competitiveness of the banking sector and the single banking market,” which sets out measures aimed at strengthening the single banking…
The largest commercial bank in Hungary, “OTP Bank,” has signed an agreement with a consortium of private equity funds managed by “Blackstone” and “DNB Bank” regarding the third largest banking group…
With the country’s banks promising to provide “live” services to customers in ten more municipalities where there is currently not a single bank branch, a representative of the Bank of Lithuania (LB) says that…
In implementing the Bank of Lithuania’s goal to ensure better access to financial services in the regions, commercial banks operating in the country are ready to improve physical service…
Lithuanian capital Urbo Bank earned 3.4 million euros in net profit in the first half of this year – 17.2% more than at the same time last year, when the profit was 2.9 million euros.
Mayor of Kazlų Rūda Mantas Varaška, responding to the letter from the Bank of Lithuania (LB) regarding the physical accessibility of banking services, emphasized that for all residents of Lithuania, state institutions and…
The private equity fund of Poland’s “Enterprise Investors” is requesting permission to acquire the Lithuanian consulting company “Saulėgrąžos investicijos” and part of the credit union “Saulėgrą…