Lithuanian banking stays strong

  • 2013-10-03
  • From wire report
VILNIUS - The International Monetary Fund (IMF) European Department mission completed its work in Lithuania last week and noted an increased resilience of the financial system as one of the positive changes in the country’s economic development, says the Bank of Lithuania, reports ELTA.The IMF mission’s final report, which was presented to the Bank of Lithuania and the government, noted that the measures adopted in dealing with Ukio Bankas strengthened financial resilience. It also positively assessed the Bank of Lithuania’s efforts to strengthen supervision of cre...
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