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Profit growth of over 3,000 small- and medium-sized enterprises (SMEs) last year exceeded net turnover growth by four times. (more…)
Micro credits issued by three Lithuanian commercial banks have seen unprecedented popularity with micro companies and small- and medium-sized enterprises…
After posting turnover of LTL 5.65bn last year, Lithuania's factoring market will expand by another 20 per cert in 2006,…
Lithuania's largest commercial bank SEB Vilniaus Bankas will allocate euro 10m (LTL34.5m) for loans to small- and medium-sized enterprises (more…)
Factoring turnover in Lithuania in the first half of this year, was up by 18.1% year-on-year. The January-June turnover soared…
#international#international factoring#leasing
In Q1 2006, the Lithuanian factoring turnover grew 14% year-on-year, according to statistics from the Lithuanian Leasing Association (more…)
The insurance watchdog has cancelled the licence of credit insurer Lietuvos Eksporto Ir Importo Draudimas (LEIID). LEEID has undergone reorganisation…
#insurance
The Lithuanian Government has resolved to allocate the remaining LTL 29m from the PHARE assistance programmes (more…)
#banks#financial services#SME loans
According to Hansa Lizingas management, the decision to expand in this town was prompted by the growing number of factoring and…
#bank#leasing#management
Bank Medicinos Bankas has signed a €5 m loan agreement under the EU Preparatory Action Programme with (more…)
#bank#investment#small businesses
Ukio Bankas (UB) has launched a two-month loan campaign to encourage small- and medium-sized enterprises (SMEs) to increase borrowing and…
Over the past two years, the turnover of factoring went up 2.1 times, from LTL 2.672 bn in 2003 to…
The European Bank for Reconstruction and Development (EBRD) is lending €12 m to Lithuania'[s Šiauliu Bankas to support (more…)
#bank#Commerzbank#international