EIB opens regional office to strengthen presence in the Baltics

The European Investment Bank (EIB) Group has today officially inaugurated its regional representative office for the Baltic Region in Vilnius, Lithuania. At the inauguration ceremony in the presence of the Lithuanian Finance Minister Šapoka, the EIB’s President Hoyer and Vice-President Stubb unveiled of a commemorative plaque, officially kicking off the permanent...

Credit Rating Agency DBRS Morningstar Upgrades Lithuania's Credit Rating Outlook To Positive

International credit rating agency DBRS Morningstar has upgraded Lithuania's long-term debt rating outlook from stable to positive. The rating (A) has not yet been changed. DBRS Morningstar grounds its decision on Lithuania’s sound fiscal policy, improved economic resilience and its low debt-to-GDP ratio. According to the...

Fintech market leaders from around the world gather in Vilnius

Fintech Inn, the largest financial technology (fintech) conference in the Baltic and Nordic countries, opened in Vilnius; this year it will be a record with over 3,000 participants, representing more than 500 companies from around the world. Organizers of the conference say that these figures show that Lithuania is visible and known on the world map of Fintech, and,...

A Network of Fintech Coordinators under the 17 + 1 Cooperation Format between Central and Eastern European Countries and China is Created in Lithuania

Lithuania highly visible on the global Fintech map also becomes the 17 + 1 financial technology coordination centre. This was formally confirmed on Wednesday at the 17 + 1 High Level Fintech Forum for the first time taking place in Vilnius and bringing...