Licensed “Perpetus Wealth” expects to increase assets under management to 1 billion euros
The Bank of Lithuania has granted a financial brokerage company license to the financial consulting firm “Perpetus Wealth”.
Lietuvos bankas
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The Bank of Lithuania revealed what awaits the Lithuanian economy
The Bank of Lithuania (LB) has not changed the economic growth forecast published in June this year and believes that the country’s gross domestic product (GDP) will grow by 2.7%.
Gediminas Šimkus does not predict further ECB decisions regarding interest rates
After the European Central Bank (ECB) raised interest rates by 25 basis points on Thursday, its board member and head of the Bank of Lithuania (LB), Gediminas Šimkus, refrains from making predictions…
Gediminas Šimkus: ECB will probably raise interest rates next week
Considering the increasing inflationary pressure in the region, the European Central Bank (ECB) is likely to raise interest rates on September 10, and they should continue to rise later, it says…
Traders are cunning: explained when such a fee cannot be applied to buyers
The Bank of Lithuania draws attention to the spreading practice where the consumer paying for a product or service has to pay the payment service provider chosen by the merchant. When…
EQT-related companies allowed to acquire a stake in Vinted Pay
Lietuvos bankas (LB) has allowed the Luxembourg companies of the international investment group EQT to acquire a stake in the peer-to-peer used clothing trading platform operator “Vinted”…
From the counter – an apartment in the Lithuanian Bank employees’ house: this is how much is wanted
Currently for sale is a 145 sq. m apartment on V. Putvinskio St., Kaunas. This residence is located in one of the most distinctive and historically interesting buildings in the center of Kaunas – the Bank of Lithuania…
The Bank of Lithuania and the former head of “AlphaPay” request to file bankruptcy proceedings against the company
The Bank of Lithuania (LB), which revoked the license of the United Kingdom capital payment institution “AlphaPay” (formerly “NovaPay”) in July, is requesting the court to file a bankruptcy case against it.
Housing loan conditions have changed: who will find it easier to borrow, and who will find it harder?
Starting from August 1, when purchasing the first home with a loan, a 10% down payment is sufficient instead of the previously applied 15%. The Bank of Lithuania made this decision in order to…
Court: “Baltic Financial Company” claim for the Bank of Lithuania to compensate 1 million euros in damages – unfounded
The Bank of Lithuania (LB) in 2022 unlawfully refused to grant a specialized bank operating license to the company “Baltic Financial Company”, the latter’s demand for this from LB…