VILNIUS – Lithuania is in the zone of influence of Scandinavian banks, however, Russian banks also have low-key operations in the country and hand out loans to Lithuanian businesses, which Scandinavian-operated local banks are not extremely happy about and warn about risks, Verslo Zinios daily said.
The central Bank of Lithuania has also advised being cautious with Russian banks.
According to the daily, one of the most recent examples of Russian banks' operations in Lithuania – a 40-million-euro loan from the Russian state bank, Sberbank...
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