Central Bank of Lithuania

Several smaller banks are likely to enter the Lithuanian market later this year, the central bank’s board member says. These include both local and foreign financial companies.

Fixed-term deposits in banks grew significantly and their interest rates went up last year, while mortgage interest margins fell, the Bank of Lithuania said Thursday.

The ongoing trade pose a threat to Lithuania's open economy, therefore.

The central Bank of Lithuania says it has no information to confirm claims by Swedish media about the links of the country's financial group Swedbank and its bank in Lithuania with Syria's chemical weapons program.