SMEs double profits

Profit growth of over 3,000 small- and medium-sized enterprises (SMEs) last year exceeded net turnover growth by four times.

Demand for micro finance exceeds supply

Micro credits issued by three Lithuanian commercial banks have seen unprecedented popularity with micro companies and small- and medium-sized enterprises

Credit insurer's licence cancelled

The insurance watchdog has cancelled the licence of credit insurer Lietuvos Eksporto Ir Importo Draudimas (LEIID). LEEID has undergone reorganisation through