How are European banks prepared for difficult times? They are supervised more strictly, they work more profitably, but the risks remain | Business

Elke Konig, the chairman of the Single Resolution Board (SRB), which coordinates the restructuring of troubled banks at the level of the euro zone, told reporters in Brussels that we are in a strange situation when it comes to the impending crisis. Photo of the General Reorganization Board. /Elke Konig Although some trends are beneficial … Read more

Analysis of financial statements: two-thirds of the retail sector increased revenues and operated profitably

Last year, the retail market experienced an upswing – after the end of the quarantine restrictions that had been in place for a while and as the society slowly returned to the normal rhythm of life, consumption grew, a significant part of which also went to physical stores and retail chains. The increased consumption was … Read more

The first half of the year was successful for credit unions, and the number of people working profitably increased

The increased lending continued to have a positive effect on the performance of the Lithuanian credit union sector – in the first half of this year, credit unions earned LTL 1.8 million. more than in the same period last year, the Bank of Lithuania said in a statement. “We see a further improving result – … Read more