Banking Sector Holding Up, But Risks Remain

June 2008
Emerging Europe Monitor: Central Europe & Baltic States;Jun2008, Vol. 15 Issue 6, p12
Country Report
The article presents an economic outlook on the risk facing the banking sector of Lithuania in 2008. According to the International Monetary Fund (IMF), the slowdown of the country's real estate sector will impact gross domestic product growth, asset quality and profitability. The IMF sees that macroeconomic shocks will also affect the banking sector of Lithuania. The IMF recommends several measures that the Lithuanian government should take to support its banking sector.


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