Cash is receding from everyday life: when might you still need it?
It has become common to pay for purchases or services by card, phone, or smartwatch, so cash is used less and less in everyday life. However, completely their…
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ECB made a decision on interest rates
After raising interest rates in June, the Governing Council of the European Central Bank (ECB) decided on Thursday not to change any of the three main interest rates.
Back to the 1990s: Japanese yen continues to weaken
Analysts warn that the Japanese yen appears to be inevitably weakening, and authorities will find it difficult to reverse this trend as the exchange rate against the US dollar has reached…
„OP Corporate Bank“ profit in Lithuania decreased by 17% to 7.6 million euros in half a year.
The Lithuanian branch of OP Corporate Bank, managed by Finland’s largest financial group “OP Pohjola” (formerly “OP Financial Group”), earned 7.6 million euros in profit in the first half of the year before…
Bigbank’s profit in the first half fell by 6% to 17.5 million euros
Estonian capital bank “Bigbank” earned 17.5 million euros of net profit in the first half of the year – 6.4 percent less than in the same period last year, the bank announced on Thursday.
A survey revealed how much parents plan to spend on school supplies this year
As summer rolls into its second half, some residents are still planning their holidays, while parents with school-aged children are already starting to think about the upcoming school year. The latest „…
It became clear how Lithuanian businesses fared last year: the latest data revealed
After many companies submitted their financial statements for the past year to the Centre of Registers, trends emerged showing how the country’s entrepreneurs fared last year. The Centre of Registers performed…
Nesetas Kockaras increased Novaturas’ share to 65 percent.
After Neset Kockar, a Turkish tourism businessman and shareholder of Novaturas, one of the largest tour operators in the Baltic States, acquired almost all of the new company’s…
Who is the Luminor buyer OTP Bank and what does the new player mean for Lithuania?
Hungary’s largest commercial bank, OTP Bank, has signed an agreement for the acquisition of Luminor – the third largest banking group in the Baltics. If the transaction is approved by supervisory…
Donald Trump is preparing a new wave of tariffs – will affect dozens of countries
Donald Trump could announce new tariffs on dozens of countries as early as this week, although his advisers warn that such a step could…