Lithuania may introduce a windfall tax on banks if profits continue to soar this year on the back of rising interest rates, the country's central bank governor and finance minister said on Monday ...

Lithuania could propose a windfall tax on banks if profits continue to soar this year, the country's central bank and finance minister said on Monday.

Lithuanian banking profits doubled in the fourth quarter of 2010 from the previous three months as economic growth quickened, the central bank said. Skip to content.

Darius Maikštėnas, chief executive of Ignitis Group, launched a public appeal to more than 50 energy groups in the US and Europe to follow its lead after the listed Lithuanian company said it ...

Lithuania's finance minister proposed on Thursday a temporary windfall tax on bank profits, aiming to raise an estimated 510 million euros ($538.7 million) over a two-year period.

Lithuanian banks posted profits for a third consecutive quarter as economic recovery gathers paces, the central bank said. The country’s banks had a combined profit of 254.6 million litai ($108 ...

Banks in Lithuania could earn profits of 1 billion euros ($1.08 billion) in 2023, more than three times the level of recent years, Finance Minister Gintare Skaiste said, ...

Lithuania's finance minister proposed on Thursday a temporary windfall tax on bank profits, aiming to raise an estimated 510 million euros ($538.7 million) over a two-year period.

Two Swedish-owned groups hold over 50% of Lithuania's banking assets: Swedbank, whose 2022 profits increased by 64% to 148 million euros, and SEB, whose profits were up 49% to 172 million euros.