Banks, Financial Services, Legislation, Lithuania, Medicine
International Internet Magazine. Baltic States news & analytics
Tuesday, 09.06.2026, 16:02
Bank of Lithuania instructs Medicinos Bankas to remove deficiencies in activities
Danuta Pavilenene, BC, Vilnius, 14.10.2011.
Print version
Print versionThe Board of the Bank of Lithuania discussed the results of the target inspection of the Lithuania-based Medicinos Bankas conducted by the Credit Institutions Supervision Department, the report on the inspection specified certain deficiencies in the operation of Medicinos Bankas which must be eliminated, the country's national institution Bank of Lithuania reports.
 |
|---|
The inspection focused on management, internal control, and the management of credit and liquidity risks in Medicinos Bankas, reports LETA/ELTA.
Medicinos Bankas was instructed to eliminate the deficiencies in its operation established during the inspection and supervisory review and evaluation by March 1, 2012.
The head of administration of Medicinos Bankas was instructed to arrive at the Bank of Lithuania no later than within ten days of the receipt of this resolution to explain how the bank was going to remove the established deficiencies in its operation and, on the deadline for this, to explain how this was done.
«The Baltic Course» Is Sold and Stays in Business!
