Banks downplay Swedish real estate bubble, experts warn about it: Lithuanian daily

  • 2016-06-01
Amid signs of overheating on the mortgage market in Sweden, Lithuanian banks and real estate developers say that the Swedish troubles are not relevant for Lithuania, while independent experts are convinced that crediting in the Baltic States would be stalled, Verslo Zinios daily said. According to the daily, the central Bank of Lithuania is about to complete the analysis of the possible consequences of overheating. Loan specialist Marius Jansonas, president of the Association of Finance and Credit Management, says he is certain that explosion of the rea...
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