interest

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Justina Vaišvilaitė-Braziulienė

Central bank’s chief says ECB will cut rates more than three times this year

The European Central Bank (ECB) is expected to cut interest rates by 25 basis points in June, says the board chairman of Lithuania’s central bank.

SEB considers negative interest on business deposits

EN Delfi

the Lithuania Tribune, DELFI

SEB considers negative interest on business deposits

Sweden's banking group SEB is considering to introduce negative interest rates on deposits held by large business clients in the Baltic States, vz.lt reports.

EN Delfi

Negative interest rates help Lithuanian borrowers but may signal coming financial crisis

Negative interbank interest rates are making life easier for Lithuanian borrowers, both consumers and businesses, but Lithuania’s financial experts are worried that it may create another financial crisis and could be sign of a coming economic downturn.