Latest articles from Lithuania

gintare skaiste

Lithuania battles energy price shock

October 21, 2022

Gintarė Skaistė, The Banker’s Finance Minister of the Year 2022, talks to Kit Gillet about the current state of the Lithuanian economy and how the country has further cut its ties with Russia.

Vilnius hot air balloons

Lithuanian banks perform better than expected

October 17, 2022

With non-performing loan ratios remaining low and strong fundamentals, the Baltic country’s banks are well-prepared for a potentially challenging year ahead with rising inflation, energy concerns and geopolitical tensions. 


Lithuania forges an ambitious future

October 17, 2022

Access to NextGenerationEU funds and plans to create a pan-Baltic capital market will help the country overcome current challenging economic conditions.

Vitas Vasiliauskas teaser

Bank of Lithuania chairman considers fintech’s role

April 13, 2020

Bank of Lithuania board chairman talks about the Baltic state’s economic recovery, the fintech revolution and regional co-operation for combating money laundering.

Vilnius teaser

Baltics take first step towards regional capital market

January 2, 2018

Recognising there is strength in numbers, Estonia, Latvia and Lithuania are joining together to created a pan-Baltic capital market, with covered bonds the first product planned. Michael Turner reports.

CEE a growing market for private equity

Central and eastern Europe: a growing market for private equity

June 1, 2015

Private equity investment in central and eastern Europe could be set to increase as investors look to capture the region’s potential as its economies return to growth. 

Top 100 CEE EU banks ranking

Top 100 CEE EU banks ranking: Poland and Czech Republic hold sway

April 30, 2015

Central and eastern European banks in the EU faced a sluggish 2013, but Poland led the region in terms of growth and the Czech Republic in terms of returns. Baltic banks are also starting to rise to the challenge.

The new kid on the euro bloc

Lithuania: the new kid on the euro bloc

February 2, 2015

Lithuania became the 19th country to adopt the euro as its currency in January, joining Baltic neighbours Latvia and Estonia. But what benefits can the country expect to see from this move?

Lithuania prepares for life in the eurozone

January 5, 2015

From dealing with the knock-on effects of the US and EU sanctions on Russia to preparing for the adoption of the euro, Lithuania's finance minister Rimantas Šadžius has been kept busy this year. But, despite the headwinds, Lithuania has managed to record one of the highest GDP growth rates in Europe.

Stable footing: Lithuanian banking is dominated by Scandinavian lenders such as Sweden’s Swedbank

Lithuania looks towards steadier growth

November 1, 2013

After a deep recession and housing bust in 2008 and a number of subsequent corporate governance crises, Lithuanian banks are finally returning to a steady footing, helped in no small measure by the presence of risk-averse Scandinavian lenders in the country.

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