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Seoul Fintech Lab and the Embassy of Lithuania in South Korea Co-Host Korean Fintech Startup European Expansion Seminar with Successful Conclusion

SEOUL, KOREA, Nov. 21, 2023 (GLOBE NEWSWIRE) Seoul Fintech Lab and the Embassy of Lithuania in South Korea jointly successfully hosted the "Fintech Startup European Expansion Seminar," which concluded on the ninth, at the eighth-floor education center of Seoul Fintech Lab in Yeouido. This seminar, aimed at assisting Korean fintech companies in entering the European Union (EU) market, featured a delegation from Lithuania who introduced the country’s fintech industry environment and national-le

Approved base prospectus of AB Šiaulių bankas

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE STOCK EXCHANGE RELEASE. On 14 November 2023 the Bank of Lithuania approved the renewed base prospectus hereinafter, the “Prospectus”, please see the attached documents) of EUR 250,000,000 Euro Medium

Central bank: windfall levy on banks will not become long-term

The solidarity levy on banks will not turn into a long-term tax as it targets a variable share of banks’ profits, the head of Lithuania’s central bank says.

Lithuanian households agreed maturity deposits with credit institutions up by a fifth in last three months

Deposits of Lithuanian residents with credit institutions fell by EUR 238.6 million or 0.6% in April over the month, the Bank of Lithuania said, presenting the monetary financial institution (MFI) balance sheet and interest rate data.

Information exchange, technology and effective data management prevent money laundering

The importance of effective data management and active exchange of information between institutions was underlined by the representatives of the Bank of Lithuania at the international anti-money laundering (AML) conference: On the Front Line of the New Reality, the central bank reports.

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