The Baltic Course

International Internet Magazine. Baltic States news & analytics Wednesday, 29.03.2017, 18:12

Regulators grant license to Lithuanian branch of Hong Kong Fintech company

Regulators grant license to Lithuanian branch of Hong Kong Fintech company

29.03.2017.

On 29 March, 2017, the Bank of Lithuania granted a non-restricted Electronic Money Institution (EMI) license to IBS Lithuania, the European branch of Hong Kong-based Fintech company – International Business Settlement Holdings Limited. The newly issued non-restricted EMI license with the EU passporting allows IBS Lithuania to provide electronic money issuance and redemption as well as payment services across all the European Union countries, told Invest Lithuania.

Keyword tags: China, Financial Services, Good for Business, Lithuania, Markets and Companies


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