Tag: Bank Pekao

Lithuania: New players to enter banking market in 2024: central bank

Via BalticaJanuary 31, 2024January 31, 202401 mins

New players will enter the Lithuanian banking market in 2024, Simonas Krepsta, board member of the Bank of Lithuania, announced, BNS reports. Speaking in an interview with LRT, Krepsta said that Polish banks had contacted Lithuanian regulators and the business community. He noted that the Lithuanian banking sector was “exceptionally profitable.” Earlier, Poland’s Bank Pekao…

Lithuania: Poland’s Bank Pekao plans to open branch: central bank chief

Via BalticaJanuary 9, 2024January 13, 202401 mins

Poland’s Bank Polska Kasa Opieki (Bank Pekao) plans to open a branch in Lithuania, according to Gediminas Simkus, head of the Bank of Lithuania, BNS reports. Speaking in an interview with 15min, Simkus said that Bank Pekao’s representatives visited Lithuania in December 2023. He was optimistic about the bank setting up operations in Lithuania. Sources…

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