VILNIUS – Lithuanian President Gitanas Nauseda has invited Poland's Pekao bank to start its business in Lithuania after discussing the issue with the Polish bank's CEO Marek Lusztyn in Davos, an adviser said.
"When competition is going down, margins are going up, it’s a good time for new players to come. We presented the idea and they were interested," presidential adviser Simonas Krepsta told BNS by phone from Davos on Thursday.
In his words, the meeting discussed a possibility for Pekao representatives to come to Lithuani...
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