Lithuania’s postal operator Lietuvos Paštas (Lithuanian Post) will most likely not turn into a specialised bank given that such a scenario, as estimated by experts, would be uneconomic but will expand its financial services instead, the outgoing Lithuanian Transport Minister Jaroslav Narkevič told reporters on October 5 after a meeting with the management board of Lietuvos Paštas. The analysis of three potential alternatives had shown that the establishment of a specialised bank and the development of electronic financial services of the postal operator would not be prac...
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