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Lithuania

Overall leasing portfolio tops LTL 3bn

The aggregate portfolio of the members of the Lithuanian Leasing Association stood at LTL 3.028 billion in April. Since the start of the year, the portfolio has expanded by LTL 331 million or 12.3 per cent, the association said. The...

#leasing

Sampo Bank to offer free consultation on EU structural...

Sampo Bank in Lithuania will provide free consultation to private and public companies seeking assistance from EU structural funds. The…


Parex Bankas forecasts falling profits; will focus on SMEs...

Latvian-controlled Parex Bankas projects a LTL 4.9 million (Ђ1.4m) profit this year, a 19 per cent drop from LTL 6…

#bank#smes


Lithuania's leasing portfolio may grow by 30 per cent...

In the past four years, Lithuania's leasing market has expanded at a rate of about 50 - 60 per cent…

#banks#leasing#Nord/LB


Hansabankas profit up 21.6 per cent

Lithuania's Hansabankas earned a net profit of LTL 61 million last year, up 21.6 per cent from LTL 50.1 million…


FDI growth slows in 2003

Foreign direct investment (FDI) in Lithuania rose 3% in 2003 to 13.6 billion litai (LTL), according to the Lithuanian Statistics…

#investment


Hansabankas appoints CEO of Hanza Lizingas

Andrius Urbonas, formerly the factoring director of Hanza Lizingas, a subsidiary of Hansabankas, is appointed as CEO of Hanza Lizingas.…


Factoring portfolio soars 39% in 9 months

The aggregate factoring portfolio of the members of the Lithuanian Leasing Association (LLA) grew by 39.1 per cent during the…

#factoring statistics#international#international factoring


Hermes to raise stake in Lietuvos Draudimo Kredito Draudimas...

Germany's Euler Hermes Versicherungsbeteiligungen, one of the leading credit insurance companies in Europe, is set raise its shareholding in Lietuvos…


State-owned credit insurer may get exclusive rights

The state-run credit insurance company Lietuvos Eksporto ir Importo Draudimas (LEID), the Lithuanian Export-Import Insurance Company, is to be sold…

Hansa's Lithuanian leasing and factoring arm passes into Hansabankas'...

An agreement between Hansabankas of Lithuania and AS Hansa Capital that came into effect on 18 August 2003 transferred the…

#funding#leasing

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