Język Polski
English
Published
:
2013-06-30
Financial Crisis: Lithuanian Banking in the Face of New Challenges
Meilutė Jasienė
Filomena Jasevičienė
Abstract
This paper examines the structure of the Lithuanian banking sector and of the Lithuanian banks themselves with a focus on capturing the direct and indirect impacts of the global financial crisis on the countrys banking system and outlining the measures undertaken in response to the crisis. It also analyses Lithuanias economy as a whole in conjunction with its banking strategies. The authors conclude that Lithuanias economy will keep growing, albeit more slowly, and its banking system should remain stable, while special attention will continue to be paid to risk management and to strengthening the capital base. The relevance of ethics for the stability of the banking system is pointed out as well. Finally, the paper provides an evaluation of the likely effects of the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union.(original abstract)Keywords:
Financial crisis, Banking sector, Financial sustainabilitySimilar Articles
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Jasienė, M., & Jasevičienė, F. (2013). Financial Crisis: Lithuanian Banking in the Face of New Challenges. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 48(3). Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/1868