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.
Tag: finance
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%).
2024-01-09
Only hope remains when market distortions are even stronger
Market expectations of rapid disinflation remain, but underlying risks come from commodity costs, monetary supply, and trade protectionism.
2023-12-30
Where merit rules, growth and ideas thrive
Estonia’s FinTech success (+42% income) is attributed to local digital infrastructure, people capital, and the world’s best tax system.
2023-11-21
Among all next-gen solutions, trust is the winning ace
Reliable infrastructure and flexible IT talent make Lithuania fly: 61% of GBS and ICT centres expand existing functions over 2023.
2023-11-11
To clinch economic efficiency, reject the chimera of growth
In an open system, economic transformation led by the freedom of private initiative requires to focus on the amelioration of market exchange.
2023-10-31
Poland has just clinched its place in the Gulf
The agreement between PAIH and Dubai Internet City increases the support for Polish companies in entering the market of the UAE.