Lithuanian financial assets surge

  • 2012-02-29
  • From wire reports
VILNIUS - Lithuanian monetary financial institutions (MFIs) have seen their external assets surge in the first month of the year, LETA reports, citing the Statistics Department of Lithuania.The net external assets MFIs of Lithuania went up by 28 million litas over the month of January 2012 and were positive by the beginning of February, standing at 5.8 billion litas.In two years, the external assets of Lithuania’s banking system (other MFIs) increased by 2.1 billion litas. The growth is a good signal of the economic recovery that Lithuania has experienced since suffering on...
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