Thu, 21 Oct 1999: Lithuania’s banks make passing marks…
Oct 21, 1999 Baltics
Vilniaus Bankas, Lithuania's largest commercial bank, netted a 53.6 million litas non-audited profit. The country's other banks also had reason to smile. Eduardas Vilkelis, head of the Lithuanian ...Tags: Banking Sector, Banks, Commercial Bankers, Dramatic Swings, Finance Institute, Financial Woes, Insurance, Lithuania, Macroeconomic Situation, Reason
Thu, 2 Sep 1999: Litimpeks Bankas’ future still foggy…
Sep 2, 1999 Baltics
13 when it proved unable to resolve its liquidity problems. After the decision, Litimpeks' only remaining task was to woo investors who would be willing to pull it out of a hole. But anlaysts are ...Tags: Bankruptcy, Finance Institute, God, Insurance, Investor, Investors, Last Moment, Liquidity Problems, Lithuania, Lithuanian, Survival