LT: Lithuania ranks 18th in EU according to number of banks.

By bne IntelliNews October 4, 2012
Lithuania was ranked 18th in the EU according to the number of banks operating in the country, European Commission announced. There were total of 91 banks operating in Lithuania as of end-March. In Latvia 30 banks operated, which put Latvia in 23rd position, together with Slovakia. In Estonia total of 17 banks were operating, which puts Estonia last among the EU countries. Total amount of assets of Lithuanian banks amounted to EUR 24.2bn or 78.8% of GDP, in Latvia total assets stood at EUR 28.4bn or 141.4% of GDP, and in Estonia total assets amounted to EUR 19.1bn, or 119.4% of GDP. In Europe the top ranking was Germany with 1,893 financial institutions, with total amount of assets of EUR 8.5 trillion. Austria ranked 2nd with 765 banks, followed by Italy with 740 banks. There were total of 8,018 banks operating in the EU as of end-March, with total assets of EUR 46.8 trillion.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more

EE: Estonian Air to return excess Embraer airplanes.

Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more

Follow Us On

Most Read

  1. Saudi Arabia to scale back plans for Neom city
    6 days ago
  2. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  3. Iran vs Israel: Who is better equipped for war?
    2 days ago
  4. The ruble overtakes the yuan as Russia's main currency for settling international trade deals
    7 days ago
  5. Leading emerging markets move rapidly up World Bank’s PPP GDP and FDI confidence rankings
    7 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    17 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    21 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    26 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    19 days ago

Reports

Dismiss