Business
 

Lithuania's mulls buying bank while establishing state bank – minister

  • 2020-08-05
  • BNS/TBT Staff

VILNIUS – The acquisition of an existing bank is one of the options the Lithuanian government is considering as part of its plans to establish a national development bank, the country's Economy and Innovation Minister Rimantas Sinkevicius says. &qu...

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Lithuania plans to establish anti-money laundering competence center

VILNIUS – Lithuania plans to establish an anti-money laundering competence center as the Nordic and Baltic region has been hit by several money laundering scandals in recent years. The new center's operation would be funded from contributions of the central Bank of Li...

Responsible playing and distorting mirrors

The concept of responsible gambling has presented a big challenge to the Latvian and international gaming industry, that will be felt for years to come. To characterize responsible gambling, we can use the following comparison: A responsible player perceives the game as enterta...

Lithuania plans to establish anti-money laundering competence center

VILNIUS – Lithuania plans to establish an anti-money laundering competence center as the No...

Responsible playing and distorting mirrors

The concept of responsible gambling has presented a big challenge to the Latvian and internationa...

Estonia: Enefit signs 3-year power supply contract with Orange Polska

Enefit, a subsidiary of the Estonian state owned energy group Eesti Energia, has signed a three-y...

Altum invests heavily into COVID-19 affected economy

Latvia’s Development Finance Institution Altum (Altum) has so far invested 160 million euro...

Lithuanian company “Biseris” entangled in a fraud scandal in Latvia

The Lithuanian company “Biseris”, which has previously allegedly committed fraud and ...

Tallink to bring season's first cruise tourists to Estonia Tuesday

TALLINN – The cruise season in Estonia will this year be opened by the Estonian-flagged Vic...

Tallinn municipal police: Taxi business returning from hibernation

TALLINN – In the taxi business of Tallinn, the number of applications for vehicle cards has...

Police bust group cybercriminals, seize EUR 420,000 in cash and crypto currencies

RIGA - The State Police officials have busted an organized group of cybercriminals, seizing about...

An architectural idea competition for the development vision in the territory of Zunda parks has been announced

The company DG31 Ltd, owned by the real estate developer Galio Group, has announced an internatio...

Maxima unveils modernised logistics centre

Maxima Latvija unveiled its modernised logistics centre, located in Abras, Ķekava parish. Leading...

FCMC fines Signet Bank with EUR 906,600 for breaching AML rules

RIGA - The Board of the Financial and Capital Market Commission (FCMC) has decided to impose a fi...

Lithuania to relaunch passenger train service to Poland

VILNIUS - LTG Link, the passenger transportation arm of Lietuvos Gelezinkeliai (Lithuanian Railwa...

airBaltic and Icelandair announce codeshare agreement

RIGA - Latvian national airline airBaltic and Icelandic carrier Icelandair have signed a codeshar...

SEB Bank will no longer issue study loans starting next school year

RIGA - Starting next school year, SEB Banka will no longer issue state-underwritten study loans, ...

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