Concentration of banking sector in Lithuania hasn’t restricted competition – IMF

  • 2020-07-02
  • BNS/TBT Staff
VILNIUS – High concentration in Lithuania's banking sector has so far not resulted in a lack of competition in this sector, Kristalina Georgieva, managing director of the International Monetary Fund, says. She attended a virtual discussion organized by Lithuania's presidential office on the possibility to establish a national development bank in Lithuania on Thursday. In her speech, she spoke of three key challenges, including a high degree of concentration in Lithuania's banking sector, small and medium enterprises’ inadequate a...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section