Lithuania : Financial Sector Assessment
A joint International Monetary Fund (IMF)-World Bank Financial Sector Assessment Program (FSAP) mission visited Lithuania during November 4-15, 2001 to undertake an assessment of the financial sector. The principal objective of the mission was to a...
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| Format: | Financial Sector Assessment Program (FSAP) |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2002/06/17086564/lithuania-financial-sector-assessment http://hdl.handle.net/10986/12635 |
| id |
okr-10986-12635 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO FINANCING ACCOUNTABILITY ACCOUNTING ADVERSE EFFECTS AFFILIATES ARREARS ASSET MANAGEMENT AUDITING AUDITS BANK CREDIT BANK LENDING BANK LOANS BANKING LEGISLATION BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BENEFICIARIES BOND BOND MARKETS BORROWER BROKERAGE BROKERAGE FIRMS BROKERS BUDGETARY AUTONOMY CAPACITY CONSTRAINTS CAPITAL FLOWS CAPITAL MARKET CAPITAL MARKETS CAPITALIZATION CENTRAL BANKS CENTRAL SECURITIES DEPOSITORY COMMERCIAL BANKS CONSOLIDATED SUPERVISION CONSOLIDATION CONSUMER PROTECTION CORPORATE BORROWERS CORPORATE GOVERNANCE CREDIT EXPOSURES CREDIT FACILITY CREDIT GROWTH CREDIT INSTITUTIONS CREDIT UNIONS CREDITOR CREDITOR RIGHTS CREDITWORTHINESS CROSS-BORDER TRANSACTIONS CURRENCY CURRENCY BOARD CURRENCY BOARD ARRANGEMENT CURRENT ACCOUNT DEFICIT DEBT DEBT SECURITIES DEBT SERVICE DEGREE OF TRANSPARENCY DEPOSIT DEPOSIT INSURANCE DEPOSITS DERIVATIVES DOMESTIC BANKS DOMESTIC CREDIT DOMESTIC FINANCIAL MARKETS DOMESTIC SECURITIES ELECTRONIC COMMUNICATIONS EQUITIES EQUITY SECURITIES EXPOSURE EXPOSURES FAIR VALUE FEDERAL RESERVE FEDERAL RESERVE BANK FEDERAL RESERVE BANK OF NEW YORK FEE INCOME FINANCIAL CONGLOMERATES FINANCIAL MARKETS FINANCIAL POLICIES FINANCIAL RESTRUCTURING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FINANCIAL SYSTEM STABILITY FISCAL DISCIPLINE FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVE FOREIGN FINANCIAL INSTITUTIONS FOREIGN INDEBTEDNESS FOREIGN INVESTORS FRAUD GOVERNMENT DEBT GOVERNMENT DEBT SECURITIES GOVERNMENT SUPPORT GROSS SETTLEMENT SYSTEM HARMONIZATION HOLDINGS HOME COUNTRY HOUSEHOLD INCOME HOUSING HOUSING FINANCE HUMAN RESOURCES ILLIQUIDITY INFORMATION TECHNOLOGY INITIAL PUBLIC OFFERINGS INSOLVENCY REGIME INSTITUTIONAL INFRASTRUCTURE INSTITUTIONAL INVESTORS INSURANCE INSURANCE ACTIVITY INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE MARKETS INSURANCE POLICIES INSURANCE PREMIUMS INSURANCE PRODUCTS INSURERS INTERESTS OF INVESTORS INTERNAL CONTROL INTERNAL CONTROLS INTERNATIONAL BANK INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL FLOWS INTERNATIONAL STANDARDS JURISDICTIONS LAWS LEGAL FRAMEWORK LEGAL PROTECTION LENDER LIFE INSURANCE LIFE INSURANCE COMPANIES LIFE INSURANCE PREMIUMS LIQUID INSTRUMENTS LIQUIDATION LIQUIDITY LOAN LOAN CLASSIFICATION LOAN PORTFOLIOS LOAN QUALITY MACROECONOMIC POLICIES MAJORITY SHAREHOLDERS MARKET CAPITALIZATION MARKET INFRASTRUCTURE MINIMUM RESERVE REQUIREMENTS MINORITY SHAREHOLDER MINORITY SHAREHOLDER RIGHTS MONEY LAUNDERING MORTGAGE LENDING MORTGAGE LOAN MORTGAGE LOAN PORTFOLIOS NATIONAL STOCK EXCHANGE NEW PRODUCTS PAYMENT SYSTEM PAYMENT SYSTEMS PENSION PENSION FUNDS PENSION REFORM PERIODS OF STRESS POOR ASSET QUALITY PRIVATE PENSION PRIVATIZATION PRIVATIZATIONS PROTECTION OF MINORITY SHAREHOLDERS PROVISIONING RULES PRUDENTIAL REGULATION PRUDENTIAL REQUIREMENTS PUBLIC COMPANIES PUBLIC DEBT RAPID GROWTH REAL ESTATE REGIONAL INTEGRATION REGULATOR REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK RESERVE RESERVE BANK RESERVE BANK OF NEW ZEALAND RESERVE REQUIREMENTS RESERVES RESIDENTIAL MORTGAGE RISK MANAGEMENT RISK MANAGEMENT SYSTEMS SAFETY NETS SECURITIES SECURITIES MARKET SECURITIES MARKET LAW SECURITIES MARKETS SECURITIES REGULATION SECURITIES TRANSACTIONS SETTLEMENT SETTLEMENT SYSTEM SHAREHOLDER SMALL INVESTORS SOLVENCY STOCK EXCHANGES SUBSIDIARIES SUPERVISION OF BANKS SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SYSTEMIC RISK TAX TRACK RECORD TRADING TRANSACTION TRANSITION ECONOMIES TURNOVER VALUATION VALUATION STANDARDS VALUE OF COLLATERAL |
| spellingShingle |
ACCESS TO FINANCING ACCOUNTABILITY ACCOUNTING ADVERSE EFFECTS AFFILIATES ARREARS ASSET MANAGEMENT AUDITING AUDITS BANK CREDIT BANK LENDING BANK LOANS BANKING LEGISLATION BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BENEFICIARIES BOND BOND MARKETS BORROWER BROKERAGE BROKERAGE FIRMS BROKERS BUDGETARY AUTONOMY CAPACITY CONSTRAINTS CAPITAL FLOWS CAPITAL MARKET CAPITAL MARKETS CAPITALIZATION CENTRAL BANKS CENTRAL SECURITIES DEPOSITORY COMMERCIAL BANKS CONSOLIDATED SUPERVISION CONSOLIDATION CONSUMER PROTECTION CORPORATE BORROWERS CORPORATE GOVERNANCE CREDIT EXPOSURES CREDIT FACILITY CREDIT GROWTH CREDIT INSTITUTIONS CREDIT UNIONS CREDITOR CREDITOR RIGHTS CREDITWORTHINESS CROSS-BORDER TRANSACTIONS CURRENCY CURRENCY BOARD CURRENCY BOARD ARRANGEMENT CURRENT ACCOUNT DEFICIT DEBT DEBT SECURITIES DEBT SERVICE DEGREE OF TRANSPARENCY DEPOSIT DEPOSIT INSURANCE DEPOSITS DERIVATIVES DOMESTIC BANKS DOMESTIC CREDIT DOMESTIC FINANCIAL MARKETS DOMESTIC SECURITIES ELECTRONIC COMMUNICATIONS EQUITIES EQUITY SECURITIES EXPOSURE EXPOSURES FAIR VALUE FEDERAL RESERVE FEDERAL RESERVE BANK FEDERAL RESERVE BANK OF NEW YORK FEE INCOME FINANCIAL CONGLOMERATES FINANCIAL MARKETS FINANCIAL POLICIES FINANCIAL RESTRUCTURING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FINANCIAL SYSTEM STABILITY FISCAL DISCIPLINE FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVE FOREIGN FINANCIAL INSTITUTIONS FOREIGN INDEBTEDNESS FOREIGN INVESTORS FRAUD GOVERNMENT DEBT GOVERNMENT DEBT SECURITIES GOVERNMENT SUPPORT GROSS SETTLEMENT SYSTEM HARMONIZATION HOLDINGS HOME COUNTRY HOUSEHOLD INCOME HOUSING HOUSING FINANCE HUMAN RESOURCES ILLIQUIDITY INFORMATION TECHNOLOGY INITIAL PUBLIC OFFERINGS INSOLVENCY REGIME INSTITUTIONAL INFRASTRUCTURE INSTITUTIONAL INVESTORS INSURANCE INSURANCE ACTIVITY INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE MARKETS INSURANCE POLICIES INSURANCE PREMIUMS INSURANCE PRODUCTS INSURERS INTERESTS OF INVESTORS INTERNAL CONTROL INTERNAL CONTROLS INTERNATIONAL BANK INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL FLOWS INTERNATIONAL STANDARDS JURISDICTIONS LAWS LEGAL FRAMEWORK LEGAL PROTECTION LENDER LIFE INSURANCE LIFE INSURANCE COMPANIES LIFE INSURANCE PREMIUMS LIQUID INSTRUMENTS LIQUIDATION LIQUIDITY LOAN LOAN CLASSIFICATION LOAN PORTFOLIOS LOAN QUALITY MACROECONOMIC POLICIES MAJORITY SHAREHOLDERS MARKET CAPITALIZATION MARKET INFRASTRUCTURE MINIMUM RESERVE REQUIREMENTS MINORITY SHAREHOLDER MINORITY SHAREHOLDER RIGHTS MONEY LAUNDERING MORTGAGE LENDING MORTGAGE LOAN MORTGAGE LOAN PORTFOLIOS NATIONAL STOCK EXCHANGE NEW PRODUCTS PAYMENT SYSTEM PAYMENT SYSTEMS PENSION PENSION FUNDS PENSION REFORM PERIODS OF STRESS POOR ASSET QUALITY PRIVATE PENSION PRIVATIZATION PRIVATIZATIONS PROTECTION OF MINORITY SHAREHOLDERS PROVISIONING RULES PRUDENTIAL REGULATION PRUDENTIAL REQUIREMENTS PUBLIC COMPANIES PUBLIC DEBT RAPID GROWTH REAL ESTATE REGIONAL INTEGRATION REGULATOR REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK RESERVE RESERVE BANK RESERVE BANK OF NEW ZEALAND RESERVE REQUIREMENTS RESERVES RESIDENTIAL MORTGAGE RISK MANAGEMENT RISK MANAGEMENT SYSTEMS SAFETY NETS SECURITIES SECURITIES MARKET SECURITIES MARKET LAW SECURITIES MARKETS SECURITIES REGULATION SECURITIES TRANSACTIONS SETTLEMENT SETTLEMENT SYSTEM SHAREHOLDER SMALL INVESTORS SOLVENCY STOCK EXCHANGES SUBSIDIARIES SUPERVISION OF BANKS SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SYSTEMIC RISK TAX TRACK RECORD TRADING TRANSACTION TRANSITION ECONOMIES TURNOVER VALUATION VALUATION STANDARDS VALUE OF COLLATERAL World Bank Lithuania : Financial Sector Assessment |
| geographic_facet |
Europe and Central Asia Lithuania |
| description |
A joint International Monetary Fund
(IMF)-World Bank Financial Sector Assessment Program (FSAP)
mission visited Lithuania during November 4-15, 2001 to
undertake an assessment of the financial sector. The
principal objective of the mission was to assist the
authorities in identifying potential vulnerabilities in the
Lithuanian financial system and obstacles to its future
development. Financial activity is likely to grow markedly
in years to come, but a large share of the intermediation of
saving and investment will not take place locally, but will
instead involve a specific pattern of domestic and
cross-border financial activity. Institutions in the
Lithuanian financial system comprise banks, leasing
companies, insurance companies, and securities firms. The
insurance sector is small but likely to develop
significantly in the years ahead. The payment system handles
only a limited number of transactions and has shown itself
to be robust in previous periods of stress. The Lithuanian
financial system is likely to undergo significant further
development and change, driven mainly by stepped-up domestic
financial system reform and the increasing integration among
financial markets in Lithuania and other countries in
Europe. Lithuania appears committed to fighting money
laundering and terrorist finance. Controls on money
laundering in the insurance and securities sectors fall well
short of those in the banking sector. |
| format |
Economic & Sector Work :: Financial Sector Assessment Program (FSAP) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Lithuania : Financial Sector Assessment |
| title_short |
Lithuania : Financial Sector Assessment |
| title_full |
Lithuania : Financial Sector Assessment |
| title_fullStr |
Lithuania : Financial Sector Assessment |
| title_full_unstemmed |
Lithuania : Financial Sector Assessment |
| title_sort |
lithuania : financial sector assessment |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2002/06/17086564/lithuania-financial-sector-assessment http://hdl.handle.net/10986/12635 |
| _version_ |
1764419574659284992 |
| spelling |
okr-10986-126352021-04-23T14:03:00Z Lithuania : Financial Sector Assessment World Bank ACCESS TO FINANCING ACCOUNTABILITY ACCOUNTING ADVERSE EFFECTS AFFILIATES ARREARS ASSET MANAGEMENT AUDITING AUDITS BANK CREDIT BANK LENDING BANK LOANS BANKING LEGISLATION BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BENEFICIARIES BOND BOND MARKETS BORROWER BROKERAGE BROKERAGE FIRMS BROKERS BUDGETARY AUTONOMY CAPACITY CONSTRAINTS CAPITAL FLOWS CAPITAL MARKET CAPITAL MARKETS CAPITALIZATION CENTRAL BANKS CENTRAL SECURITIES DEPOSITORY COMMERCIAL BANKS CONSOLIDATED SUPERVISION CONSOLIDATION CONSUMER PROTECTION CORPORATE BORROWERS CORPORATE GOVERNANCE CREDIT EXPOSURES CREDIT FACILITY CREDIT GROWTH CREDIT INSTITUTIONS CREDIT UNIONS CREDITOR CREDITOR RIGHTS CREDITWORTHINESS CROSS-BORDER TRANSACTIONS CURRENCY CURRENCY BOARD CURRENCY BOARD ARRANGEMENT CURRENT ACCOUNT DEFICIT DEBT DEBT SECURITIES DEBT SERVICE DEGREE OF TRANSPARENCY DEPOSIT DEPOSIT INSURANCE DEPOSITS DERIVATIVES DOMESTIC BANKS DOMESTIC CREDIT DOMESTIC FINANCIAL MARKETS DOMESTIC SECURITIES ELECTRONIC COMMUNICATIONS EQUITIES EQUITY SECURITIES EXPOSURE EXPOSURES FAIR VALUE FEDERAL RESERVE FEDERAL RESERVE BANK FEDERAL RESERVE BANK OF NEW YORK FEE INCOME FINANCIAL CONGLOMERATES FINANCIAL MARKETS FINANCIAL POLICIES FINANCIAL RESTRUCTURING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FINANCIAL SYSTEM STABILITY FISCAL DISCIPLINE FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVE FOREIGN FINANCIAL INSTITUTIONS FOREIGN INDEBTEDNESS FOREIGN INVESTORS FRAUD GOVERNMENT DEBT GOVERNMENT DEBT SECURITIES GOVERNMENT SUPPORT GROSS SETTLEMENT SYSTEM HARMONIZATION HOLDINGS HOME COUNTRY HOUSEHOLD INCOME HOUSING HOUSING FINANCE HUMAN RESOURCES ILLIQUIDITY INFORMATION TECHNOLOGY INITIAL PUBLIC OFFERINGS INSOLVENCY REGIME INSTITUTIONAL INFRASTRUCTURE INSTITUTIONAL INVESTORS INSURANCE INSURANCE ACTIVITY INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE MARKETS INSURANCE POLICIES INSURANCE PREMIUMS INSURANCE PRODUCTS INSURERS INTERESTS OF INVESTORS INTERNAL CONTROL INTERNAL CONTROLS INTERNATIONAL BANK INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL FLOWS INTERNATIONAL STANDARDS JURISDICTIONS LAWS LEGAL FRAMEWORK LEGAL PROTECTION LENDER LIFE INSURANCE LIFE INSURANCE COMPANIES LIFE INSURANCE PREMIUMS LIQUID INSTRUMENTS LIQUIDATION LIQUIDITY LOAN LOAN CLASSIFICATION LOAN PORTFOLIOS LOAN QUALITY MACROECONOMIC POLICIES MAJORITY SHAREHOLDERS MARKET CAPITALIZATION MARKET INFRASTRUCTURE MINIMUM RESERVE REQUIREMENTS MINORITY SHAREHOLDER MINORITY SHAREHOLDER RIGHTS MONEY LAUNDERING MORTGAGE LENDING MORTGAGE LOAN MORTGAGE LOAN PORTFOLIOS NATIONAL STOCK EXCHANGE NEW PRODUCTS PAYMENT SYSTEM PAYMENT SYSTEMS PENSION PENSION FUNDS PENSION REFORM PERIODS OF STRESS POOR ASSET QUALITY PRIVATE PENSION PRIVATIZATION PRIVATIZATIONS PROTECTION OF MINORITY SHAREHOLDERS PROVISIONING RULES PRUDENTIAL REGULATION PRUDENTIAL REQUIREMENTS PUBLIC COMPANIES PUBLIC DEBT RAPID GROWTH REAL ESTATE REGIONAL INTEGRATION REGULATOR REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK RESERVE RESERVE BANK RESERVE BANK OF NEW ZEALAND RESERVE REQUIREMENTS RESERVES RESIDENTIAL MORTGAGE RISK MANAGEMENT RISK MANAGEMENT SYSTEMS SAFETY NETS SECURITIES SECURITIES MARKET SECURITIES MARKET LAW SECURITIES MARKETS SECURITIES REGULATION SECURITIES TRANSACTIONS SETTLEMENT SETTLEMENT SYSTEM SHAREHOLDER SMALL INVESTORS SOLVENCY STOCK EXCHANGES SUBSIDIARIES SUPERVISION OF BANKS SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SYSTEMIC RISK TAX TRACK RECORD TRADING TRANSACTION TRANSITION ECONOMIES TURNOVER VALUATION VALUATION STANDARDS VALUE OF COLLATERAL A joint International Monetary Fund (IMF)-World Bank Financial Sector Assessment Program (FSAP) mission visited Lithuania during November 4-15, 2001 to undertake an assessment of the financial sector. The principal objective of the mission was to assist the authorities in identifying potential vulnerabilities in the Lithuanian financial system and obstacles to its future development. Financial activity is likely to grow markedly in years to come, but a large share of the intermediation of saving and investment will not take place locally, but will instead involve a specific pattern of domestic and cross-border financial activity. Institutions in the Lithuanian financial system comprise banks, leasing companies, insurance companies, and securities firms. The insurance sector is small but likely to develop significantly in the years ahead. The payment system handles only a limited number of transactions and has shown itself to be robust in previous periods of stress. The Lithuanian financial system is likely to undergo significant further development and change, driven mainly by stepped-up domestic financial system reform and the increasing integration among financial markets in Lithuania and other countries in Europe. Lithuania appears committed to fighting money laundering and terrorist finance. Controls on money laundering in the insurance and securities sectors fall well short of those in the banking sector. 2013-03-11T17:48:26Z 2013-03-11T17:48:26Z 2002-06 http://documents.worldbank.org/curated/en/2002/06/17086564/lithuania-financial-sector-assessment http://hdl.handle.net/10986/12635 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Financial Sector Assessment Program (FSAP) Economic & Sector Work Europe and Central Asia Lithuania |