EuropeanBanking

Revolut opening second base in France

The British finance company Revolut, which has a banking license in Lithuania, has announced that it is establishing a two-base model with a new Paris office to handle operations in [..]

Swedbank pays EUR 52.5 mln in bank solidarity levy, SEB pays EUR 34 mln

Swedbank and SEB, two of Lithuania’s largest commercial banks, have paid 52.5 million and 34.1 million euros respectively the bank solidarity levy to the state budget, the two banks said [..]

Banks in Lithuania saw their H1 profit plunge 2.5 times to EUR 515 mln – central bank

Banks operating in Lithuania earned 515 million euros in combined profit in the first half of this year, 2.5 times less than in the same period last year (203 million [..]