2024-03-23
Export and tech synergies pave the way for success
The official opening of PAIH’s branch in Vilnius took place with a seminar for the fintech industry to discuss the local fintech strengths and challenges.
Tag: finance
2024-03-16
Lithuania’s account goes down: a long way to go
With the fall in exports (18.4%) and imports (12.4%) of services, the surplus balance of services decreased by 25.5%.
2024-03-02
The digital way breaks the burdens and boosts efficiency
Lithuania is optimizing the digital process to facilitate data collection, storage, analysis, aggregation, and reporting to the financial actors.
2024-02-17
Lithuania’s account rises, but there’s still way to go
In December, the surplus on the CAB increased thanks to a drop in the foreign trade deficit and a rise in the surplus balance of services.
2024-02-13
Poland: the goods trade deficit is still here
December data show a deficit of PLN 0.1bn in the country’s current account, with trade in goods declined the sharpest in 2023.
2024-02-06
Credit and deposits: loans are cheaper than in the EU
The Bank of Lithuania published a comparison of interest rates on loans of Lithuanian and euro area credit institutions and term deposits.
2024-01-30
Banks’ profit will struggle alongside the economic performance
Profit as a share of assets was around 60% higher in 2023, but now interest- and administrative expenses are likely to grow, as well as overdue loans.
2024-01-27
Fintech is worth the largest tech campus in the Baltic
With over 7,000 specialists and more than 260 companies, Lithuania represents Europe’s largest Fintech hub, now aiming at 35 million clients.
2024-01-16
Poland: the export decrease weights on the BOP
Last November the downward trend in export goods continued (-8.3% to 12 months prior). The value of goods imports decreased by 13.8%.
2024-01-13
EU transfers are the real value for Lithuania
Last November the surplus on the CAB decreased by 34.3%, where the trade balance suffers alongside exports (services -3.2%).