Wed, 20 Oct 2010: Educating tomorrow’s business leaders…

Older children play an exciting ‘Game of minds’ on the topic of finance, while younger pupils take part in the ‘Currency: Lithuania and the world’ quiz. Gerimanta Stankut...

Thu, 30 Apr 2009: Agriculture prices plummet …

We agree with this analysis," she said. Nerijus Udrenas, a senior economist at SEB Bankas told TBT that the figures reflect the hard times the country is in, but doesn't expect them to decrease mu...

Thu, 27 Nov 2008: Consumer confidence hits seven year low…

They started to realize that their expenses on electricity and natural gas are set to increase," Vilija Tauraite, chief analyst at SEB Bankas, told the Baltic News Service. People also take into c...

Wed, 13 Feb 2008: Lithuania headed for serious ‘macro-trouble’…

Another is that 2008 is an election year. As history has shown, political populism and economic stability are inherently antagonistic; in times of economic instability, the same populism can be ma...

Wed, 8 Aug 2007: Lithuanian economy up 8.1 percent in first half of 2007…

As a result, the latter two are particularly susceptible to an overheating and subsequently a hard-landing scenario. "Domestic consumption, which continues to grow on the back of strong consumer ...

Wed, 8 Jun 2005: EBRD takes slice of Siauliu Bankas…

I think that the bond is likely to pay 3.1 's 3.2 percent interest," he told a new conference June 3. Savickas said that the bank expected to launch the bond issue in about a month's time and comp...

Thu, 6 Jan 2005: EBRD eyes Siauliu Bankas…

Currently the bank ranks seventh or eighth in terms of assets among Lithuania's commercial banks.Donatas Savickas, the bank's vice chairman, confirmed that the bank is currently in talks with seve...

Thu, 20 Nov 2003: Paksas gang smeared Vilnius Bank…

He also confirmed that the most generous financial supporter of the president's election campaign, Yury Borisov, and the presidential national security adviser Remigijus Acas, who was dismissed la...

Thu, 20 Feb 2003: NIB still investing in Baltic women…

"I think it is important to raise the self esteem of women and maybe get the general public to think of females as entrepreneurs," said Hellen.Through access to loans, women entrepreneurs througho...

Thu, 9 Jan 2003: Scandal damages Adamkus…

The problem is the presidential election campaign which has gone beyond all limits of decency and I, as the head of the state, find it unacceptable." Adamkus met with Julius Niedvaras, chairman of...

Thu, 9 Dec 1999: Estonian stock market becomes clear leader in Baltic states…

The total weekly turnover of Balta, Unibanka, Ventspils Nafta and Latvijas Gaze totaled about $177,000. Meanwhile the turnover of Eesti Telekom, Hansabank, Norma, Uhispank and Optiva Bank totaled ...

Thu, 23 Sep 1999: Central bank gives blessing to merger…

Reinoldijus Sarkinas, the board chairman of the central bank, said if everything goes smoothly, the merger could be finalized within a year.The central bank's decision was a real milestone for Vil...

Thu, 29 Jul 1999: Summed up…

The plan is for Hermis shareholders either to sell their stakes to Vilniaus Bankas or to trade them in for shares in the new bank resulting from the merger. The report states that share price and ...

Thu, 17 Jun 1999: Lithuanian bank to go commercial…

Such loans are currently managed by the Finance Ministry.It turned out during the meeting that Vystymo Bankas' smallest shareholder, the German development agency DEG, would not swap its shares fo...

Thu, 1 Apr 1999: Summed up…

Hansapank has also filed an application with the Lithuanian central bank for acquisition of shares in AB Bankas Hansabank, a subsidiary to be set up in Lithuania. Hansapank currently owns two subs...

Thu, 18 Mar 1999: Estonia still outspoken leader …

Turnover went up by 30 percent, but was still considerably lower than in Estonia. Investors showed little activity during the short holiday week in Lithuania, and changes in bourse indexes were in...

Thu, 14 Jan 1999: Brokers lick their wounds, brace themselves for 1999 …

Despite all the uncertain factors, Tomas Andrejauskas, Suprema stockbroker, even showed a gleam of reserved optimism. He said he is generally pessimistic about January results and does not believe...

Thu, 14 Jan 1999: Parex bank eyes southern neighboring market …

Parex is not satisfied with 50 percent of shares and wants to buy the whole bank, said the paper.Last year, Industrial bank failed to increase its share capital from 27 million litas ($5.1 million...
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