Banks in country Lithuania

Capital city: Vilnius

Population: 3.4 million

Currency: litas (LTL)

Languages: Lithuanian (official) 82%, Russian 8%, Polish 5.6%, other and unspecified 4.4%

Dialling code for int. phone calls: +370

Internet country code: .lt

The only Baltic country still showing respectful growth, Lithuania, is set for a further slowdown. The imbalances are very similar to those previously felt by Estonia and Latvia: wide current account deficits, strong dependency on capital inflows and a weakening real estate market, although Lithuania had a less overheated economy compared to the other two and can benefit from a slightly more diversified economic structure (with a higher share of industry and agriculture).

However, given its slightly delayed economic cycle a slowdown is expected. The corporate sector is already showing signs of weakening. Weaker demand will, however, improve the current account deficit and dampen inflationary pressures. The latter seem to have peaked during the summer. Parliamentary elections will be held on 12 October; the outcome is far from guaranteed, but the political environment is not a major source of risk for the country.

There are 5 Banks in this Country.


AB DnB NORD Bankas

AB DnB NORD Bankas is a member of the dynamic and reliable DnB NORD banking group. It is a universal commercial bank which offers full range of banking services to private individuals and business customer ...


AB Ukio Bankas

AB Ūkio Bankas is a Lithuanian based bank. It is the fifth largest and oldest private bank in Lithuania. The bank is growing rapidly, since the beginning of 2005, Ūkio Bankas has opened 12 branch ...


Bank of Lithuania

The Bank of Lithuania is the central bank of the Republic of Lithuania. The Bank of Lithuania is a non-Eurozone member of the European System of Central Banks. Its principal objective is to maintain price ...


BIGBANK

Baltic Investment Grupi Pank AS (BIGBANK) - Bank, which specializes in consumer lending. BIGBANK is one of the largest private creditors of the universal banks and leasing companies in the Baltic countries ...


Swedbank

The history of the Hansabank group dates back to 1991, when Hansabank started operating as a branch of Tartu Kommertspank (Tartu Commercial Bank). Officially Hansapank launched independent operations on 10 ...




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