The Latvian Consumer Rights Protection Centre has imposed a fine of EUR 285,000 on non-bank lender 4Finance, which operates the brands smscredit.lv, ondo.lv and vivus.lv. The reason is that the [..]
New players expected to enter Lithuanian banking market this year – c. bank official
Simonas Krepsta, a member of the Lithuanian central bank’s board, expects new players to emerge in the country’s banking market this year. The Bank of Lithuania sees an active and [..]
Saeima passes amendments introducing 20% advance tax for banks and nonbank lenders
The Saeima on Thursday passed in the final reading government-approved amendments to the Corporate Income Tax Law introducing a 20 percent advance income tax for banks and nonbank lenders, payable [..]
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