FinancialLegislation

Lithuanian govt in favor of obliging banks to also provide fixed-rate loans

The Lithuanian government on Friday agreed to oblige financial institutions to provide consumers with a real opportunity to choose the type of credit interest rates and to get loans with [..]

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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