V.Vasiliauskas: Following extension of easing programme by Eurosystem, low interest rates will further prevail in Lithuania

V.Vasiliauskas: Following extension of easing programme by Eurosystem, low interest rates will further prevail in Lithuania
December 9, 2016 Once the Governing Council of the European Central Bank decided to extend the Eurosystem’s expanded asset purchase programme after March 2017, favourable funding conditions will remain unchanged for Lithuania, its businesses, and residents.

Credit union sector operating at a loss this year

Credit union sector operating at a loss this year
November 30, 2016 The data for the third quarter of 2016 shows that the credit union sector is operating at a loss this year – EUR 4.4 million in losses were incurred. The loss-bearing activities were due to a further decline in credit union income and rise in expenses. The Bank of Lithuania, in preparation for the restructuring of credit unions, is carrying out a review of credit unions’ asset quality.

Survey of the balance sheet of Monetary financial institutions, October 2016

Survey of the balance sheet of Monetary financial institutions, October 2016
November 28, 2016 The Bank of Lithuania's holdings of debt securities issued by euro area residents increased by EUR 431.8 million, while loans to euro area residents decreased by EUR 2.7 million over the month. These indicators amounted to EUR 5.9 billion and EUR 543.0 million respectively at the end of the month.
Event calendar:
  • Mo5
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  • We7
  • Th8
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  • Su11
  • Mo12
  • Tu13
  • We14
  • Th15
  • Fr16
  • Sa17
  • Su18
INTEREST RATES | effective from 16/03/2016
Marginal lending facility0.25
Main refinancing operations0.00
Deposit facility-0.40
  
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    ECB DAILY  |  09/12/2016   |  More
coderatechange, %
USD1.0559-1.8863
GBP0.83935-1.2471
CHF1.0756-0.8938
NOK8.9805-0.3772
PLN4.4454-0.1931
RUB66.6988-2.1868

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