Lithuania : Banking System Assessment
The Bank of Lithuania (BoL), the Central Bank, was established in 1990. BoL has the exclusive right to grant and revoke licenses to local and foreign banks and to supervise their activities. Private commercial banking boomed from 1991 to 1994 while bank regulation was lax. In late 1995, a bank crisis caused failures of most of the Lithuanian banks, and the remaining banks resulted in better managed and supervised institutions. BoL also applied tougher regulation on the banking sector. All commercial banks now need to have their financial records audited every year by an international auditing firm. This report includes the following headings: risks and contingency crisis management in the Lithuanian banking system; credit risk and regulatory issues; and description of corporate debt restructuring procedures in Lithuania.
Saved in:
| id |
dig-okr-1098612822 |
|---|---|
| record_format |
koha |
| institution |
Banco Mundial |
| collection |
DSpace |
| country |
Estados Unidos |
| countrycode |
US |
| component |
Bibliográfico |
| access |
En linea |
| databasecode |
dig-okr |
| tag |
biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
English en_US |
| topic |
ADMINISTRATIVE COSTS AGREEMENT OF CREDITORS ARREARS ASSET RESOLUTION ASSET VALUES ASSETS AUDITING BALANCE SHEET BALANCE SHEETS BANK BRANCHES BANK DEBT BANK EQUITY BANK FAILURES BANK LOANS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BANKRUPT BANKRUPTCY CASES BANKRUPTCY FILINGS BANKRUPTCY LAW BANKRUPTCY MANAGEMENT BANKRUPTCY PETITION BANKRUPTCY PROCEDURES BANKRUPTCY PROCEEDING BANKRUPTCY PROCEEDINGS BANKRUPTCY PROCESS BORROWER BUSINESS PLAN CAPITAL ADEQUACY CASH FLOWS CLAIM CLAIMS OF CREDITORS CLAIMS OF EMPLOYEES COLLATERAL COLLECT DEBTS COMMERCIAL BANKS CONCESSIONS CONFLICT OF INTEREST CORPORATE DEBT CORPORATE DISTRESS COURT OF APPEALS COURT ORDER CREDIBILITY CREDIT INSTITUTIONS CREDIT LOSSES CREDIT MARKETS CREDIT RISK CREDITOR CREDITORS CREDITORS COMMITTEE CREDITORS HOLDING CLAIMS CREDITORS MEETING CREDITS CROSS-BORDER INSOLVENCIES CURRENCY DEVALUATION DEBT GUARANTEE DEBT GUARANTEES DEBT RESTRUCTURING DEBTOR DEBTORS DEFAULTS DEPENDENT DEPOSIT DEPOSIT INSURANCE DEPOSIT INSURANCE FUND DEPOSIT INSURANCE SCHEME DEPOSITOR DEPOSITORS DEPOSITS DISCRETIONARY POWERS DISPOSAL OF ASSETS DISPUTE RESOLUTION DISSENTING CREDITORS DISTRESSED ASSET DISTRESSED COMPANY DOMESTIC BANK DOMESTIC BANKS ECONOMIC SITUATIONS EMPLOYEE CLAIMS EMPLOYEE WAGES ENCUMBRANCES ENTERPRISE RESTRUCTURING EQUITY SECURITIES EQUITY VALUE ESTATE EXCHANGE RATE EXTERNAL DEBT FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DIFFICULTIES FINANCIAL INSTITUTIONS FINANCIAL POLICY FINANCIAL POSITION FINANCIAL PROBLEMS FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL SITUATION FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FORCED SALE FOREIGN BANK FOREIGN BANKS FOREIGN EXCHANGE GOOD FAITH GOVERNMENT BONDS GOVERNMENT GUARANTEES GOVERNMENT SECURITIES GUARANTEE FUND IMMOVABLE PROPERTY INDIVIDUAL BANKRUPTCY INDIVIDUAL BANKS INITIATION OF BANKRUPTCY INITIATION OF BANKRUPTCY PROCEEDINGS INSOLVENCY INSOLVENCY CASES INSOLVENT INSOLVENT BANKS INSOLVENT INSTITUTION INSTITUTIONAL FRAMEWORK INSTITUTIONAL FRAMEWORK FOR INSOLVENCY INSUFFICIENT ASSETS INSURANCE COMPANIES INTEREST RATE INTEREST RATES JUDGE JUDGES JUDGMENTS JUDICIAL PROCEDURE JUDICIAL PROCEEDING LAST RESORT LAWS LEGAL FRAMEWORK LEGAL FRAMEWORK FOR BANKRUPTCY LEGAL FRAMEWORK FOR CREDITOR RIGHTS LENDER LENDER OF LAST RESORT LENDERS LIABILITY LIQUIDATION LIQUIDATION PROCEDURE LIQUIDITY LIQUIDITY CRISIS LIQUIDITY PROBLEMS LIST OF CREDITORS LOAN LOAN ASSETS LOAN CLASSIFICATION LOAN LOSS LOAN LOSS PROVISIONING LOAN LOSSES LOAN PORTFOLIO LOAN PORTFOLIOS LOCAL BANKS LOSS OF VALUE MACROECONOMIC CONDITIONS MAJOR CREDITOR MAJOR CREDITORS MAJORITY OF CREDITORS MANDATES MARKET RISK MODEL LAW MODEL LAW ON CROSS-BORDER INSOLVENCY MODERN REHABILITATION MORTGAGE MORTGAGES NEW INSOLVENCY NEW INSOLVENCY LAW NUMBER OF BANKRUPTCY NUMBER OF BANKS OPERATIONAL RISK OVERDUE LIABILITY OVERDUE LOANS PENALTIES PENALTY PETITION FOR BANKRUPTCY PRINCIPAL CREDITORS PRIORITY OF PAYMENT PROBABILITY OF DEFAULT PROFITABILITY PROPERTY RIGHTS PUBLIC DISCLOSURE PURCHASE AND ASSUMPTION TRANSACTIONS RECAPITALIZATION RECEIVERSHIP RECOVERY RATES REGULATORY FRAMEWORK REGULATORY REPORTS REORGANIZATION REORGANIZATION CASES REORGANIZATION PLANS REPAYMENT REPAYMENT OF CREDITORS REPOS RESERVE REQUIREMENTS RESTRUCTURING PLAN RESTRUCTURING PROCESS RESTRUCTURING PROCESSES RESTRUCTURING PROGRAMS RISK MANAGEMENT SALE OF ASSETS SALE PROCEEDS SATISFACTION OF CLAIMS SECURITIES AS COLLATERAL SETTLEMENT SOLVENCY SOVEREIGN GUARANTEE SYSTEMIC CRISIS TRADITIONAL BANKRUPTCY TRUSTEE UNANIMOUS CONSENT UNSECURED CREDITORS VALUATION OF ASSETS VOTE OF CREDITORS WAGES WORKOUTS ADMINISTRATIVE COSTS AGREEMENT OF CREDITORS ARREARS ASSET RESOLUTION ASSET VALUES ASSETS AUDITING BALANCE SHEET BALANCE SHEETS BANK BRANCHES BANK DEBT BANK EQUITY BANK FAILURES BANK LOANS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BANKRUPT BANKRUPTCY CASES BANKRUPTCY FILINGS BANKRUPTCY LAW BANKRUPTCY MANAGEMENT BANKRUPTCY PETITION BANKRUPTCY PROCEDURES BANKRUPTCY PROCEEDING BANKRUPTCY PROCEEDINGS BANKRUPTCY PROCESS BORROWER BUSINESS PLAN CAPITAL ADEQUACY CASH FLOWS CLAIM CLAIMS OF CREDITORS CLAIMS OF EMPLOYEES COLLATERAL COLLECT DEBTS COMMERCIAL BANKS CONCESSIONS CONFLICT OF INTEREST CORPORATE DEBT CORPORATE DISTRESS COURT OF APPEALS COURT ORDER CREDIBILITY CREDIT INSTITUTIONS CREDIT LOSSES CREDIT MARKETS CREDIT RISK CREDITOR CREDITORS CREDITORS COMMITTEE CREDITORS HOLDING CLAIMS CREDITORS MEETING CREDITS CROSS-BORDER INSOLVENCIES CURRENCY DEVALUATION DEBT GUARANTEE DEBT GUARANTEES DEBT RESTRUCTURING DEBTOR DEBTORS DEFAULTS DEPENDENT DEPOSIT DEPOSIT INSURANCE DEPOSIT INSURANCE FUND DEPOSIT INSURANCE SCHEME DEPOSITOR DEPOSITORS DEPOSITS DISCRETIONARY POWERS DISPOSAL OF ASSETS DISPUTE RESOLUTION DISSENTING CREDITORS DISTRESSED ASSET DISTRESSED COMPANY DOMESTIC BANK DOMESTIC BANKS ECONOMIC SITUATIONS EMPLOYEE CLAIMS EMPLOYEE WAGES ENCUMBRANCES ENTERPRISE RESTRUCTURING EQUITY SECURITIES EQUITY VALUE ESTATE EXCHANGE RATE EXTERNAL DEBT FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DIFFICULTIES FINANCIAL INSTITUTIONS FINANCIAL POLICY FINANCIAL POSITION FINANCIAL PROBLEMS FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL SITUATION FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FORCED SALE FOREIGN BANK FOREIGN BANKS FOREIGN EXCHANGE GOOD FAITH GOVERNMENT BONDS GOVERNMENT GUARANTEES GOVERNMENT SECURITIES GUARANTEE FUND IMMOVABLE PROPERTY INDIVIDUAL BANKRUPTCY INDIVIDUAL BANKS INITIATION OF BANKRUPTCY INITIATION OF BANKRUPTCY PROCEEDINGS INSOLVENCY INSOLVENCY CASES INSOLVENT INSOLVENT BANKS INSOLVENT INSTITUTION INSTITUTIONAL FRAMEWORK INSTITUTIONAL FRAMEWORK FOR INSOLVENCY INSUFFICIENT ASSETS INSURANCE COMPANIES INTEREST RATE INTEREST RATES JUDGE JUDGES JUDGMENTS JUDICIAL PROCEDURE JUDICIAL PROCEEDING LAST RESORT LAWS LEGAL FRAMEWORK LEGAL FRAMEWORK FOR BANKRUPTCY LEGAL FRAMEWORK FOR CREDITOR RIGHTS LENDER LENDER OF LAST RESORT LENDERS LIABILITY LIQUIDATION LIQUIDATION PROCEDURE LIQUIDITY LIQUIDITY CRISIS LIQUIDITY PROBLEMS LIST OF CREDITORS LOAN LOAN ASSETS LOAN CLASSIFICATION LOAN LOSS LOAN LOSS PROVISIONING LOAN LOSSES LOAN PORTFOLIO LOAN PORTFOLIOS LOCAL BANKS LOSS OF VALUE MACROECONOMIC CONDITIONS MAJOR CREDITOR MAJOR CREDITORS MAJORITY OF CREDITORS MANDATES MARKET RISK MODEL LAW MODEL LAW ON CROSS-BORDER INSOLVENCY MODERN REHABILITATION MORTGAGE MORTGAGES NEW INSOLVENCY NEW INSOLVENCY LAW NUMBER OF BANKRUPTCY NUMBER OF BANKS OPERATIONAL RISK OVERDUE LIABILITY OVERDUE LOANS PENALTIES PENALTY PETITION FOR BANKRUPTCY PRINCIPAL CREDITORS PRIORITY OF PAYMENT PROBABILITY OF DEFAULT PROFITABILITY PROPERTY RIGHTS PUBLIC DISCLOSURE PURCHASE AND ASSUMPTION TRANSACTIONS RECAPITALIZATION RECEIVERSHIP RECOVERY RATES REGULATORY FRAMEWORK REGULATORY REPORTS REORGANIZATION REORGANIZATION CASES REORGANIZATION PLANS REPAYMENT REPAYMENT OF CREDITORS REPOS RESERVE REQUIREMENTS RESTRUCTURING PLAN RESTRUCTURING PROCESS RESTRUCTURING PROCESSES RESTRUCTURING PROGRAMS RISK MANAGEMENT SALE OF ASSETS SALE PROCEEDS SATISFACTION OF CLAIMS SECURITIES AS COLLATERAL SETTLEMENT SOLVENCY SOVEREIGN GUARANTEE SYSTEMIC CRISIS TRADITIONAL BANKRUPTCY TRUSTEE UNANIMOUS CONSENT UNSECURED CREDITORS VALUATION OF ASSETS VOTE OF CREDITORS WAGES WORKOUTS |
| spellingShingle |
ADMINISTRATIVE COSTS AGREEMENT OF CREDITORS ARREARS ASSET RESOLUTION ASSET VALUES ASSETS AUDITING BALANCE SHEET BALANCE SHEETS BANK BRANCHES BANK DEBT BANK EQUITY BANK FAILURES BANK LOANS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BANKRUPT BANKRUPTCY CASES BANKRUPTCY FILINGS BANKRUPTCY LAW BANKRUPTCY MANAGEMENT BANKRUPTCY PETITION BANKRUPTCY PROCEDURES BANKRUPTCY PROCEEDING BANKRUPTCY PROCEEDINGS BANKRUPTCY PROCESS BORROWER BUSINESS PLAN CAPITAL ADEQUACY CASH FLOWS CLAIM CLAIMS OF CREDITORS CLAIMS OF EMPLOYEES COLLATERAL COLLECT DEBTS COMMERCIAL BANKS CONCESSIONS CONFLICT OF INTEREST CORPORATE DEBT CORPORATE DISTRESS COURT OF APPEALS COURT ORDER CREDIBILITY CREDIT INSTITUTIONS CREDIT LOSSES CREDIT MARKETS CREDIT RISK CREDITOR CREDITORS CREDITORS COMMITTEE CREDITORS HOLDING CLAIMS CREDITORS MEETING CREDITS CROSS-BORDER INSOLVENCIES CURRENCY DEVALUATION DEBT GUARANTEE DEBT GUARANTEES DEBT RESTRUCTURING DEBTOR DEBTORS DEFAULTS DEPENDENT DEPOSIT DEPOSIT INSURANCE DEPOSIT INSURANCE FUND DEPOSIT INSURANCE SCHEME DEPOSITOR DEPOSITORS DEPOSITS DISCRETIONARY POWERS DISPOSAL OF ASSETS DISPUTE RESOLUTION DISSENTING CREDITORS DISTRESSED ASSET DISTRESSED COMPANY DOMESTIC BANK DOMESTIC BANKS ECONOMIC SITUATIONS EMPLOYEE CLAIMS EMPLOYEE WAGES ENCUMBRANCES ENTERPRISE RESTRUCTURING EQUITY SECURITIES EQUITY VALUE ESTATE EXCHANGE RATE EXTERNAL DEBT FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DIFFICULTIES FINANCIAL INSTITUTIONS FINANCIAL POLICY FINANCIAL POSITION FINANCIAL PROBLEMS FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL SITUATION FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FORCED SALE FOREIGN BANK FOREIGN BANKS FOREIGN EXCHANGE GOOD FAITH GOVERNMENT BONDS GOVERNMENT GUARANTEES GOVERNMENT SECURITIES GUARANTEE FUND IMMOVABLE PROPERTY INDIVIDUAL BANKRUPTCY INDIVIDUAL BANKS INITIATION OF BANKRUPTCY INITIATION OF BANKRUPTCY PROCEEDINGS INSOLVENCY INSOLVENCY CASES INSOLVENT INSOLVENT BANKS INSOLVENT INSTITUTION INSTITUTIONAL FRAMEWORK INSTITUTIONAL FRAMEWORK FOR INSOLVENCY INSUFFICIENT ASSETS INSURANCE COMPANIES INTEREST RATE INTEREST RATES JUDGE JUDGES JUDGMENTS JUDICIAL PROCEDURE JUDICIAL PROCEEDING LAST RESORT LAWS LEGAL FRAMEWORK LEGAL FRAMEWORK FOR BANKRUPTCY LEGAL FRAMEWORK FOR CREDITOR RIGHTS LENDER LENDER OF LAST RESORT LENDERS LIABILITY LIQUIDATION LIQUIDATION PROCEDURE LIQUIDITY LIQUIDITY CRISIS LIQUIDITY PROBLEMS LIST OF CREDITORS LOAN LOAN ASSETS LOAN CLASSIFICATION LOAN LOSS LOAN LOSS PROVISIONING LOAN LOSSES LOAN PORTFOLIO LOAN PORTFOLIOS LOCAL BANKS LOSS OF VALUE MACROECONOMIC CONDITIONS MAJOR CREDITOR MAJOR CREDITORS MAJORITY OF CREDITORS MANDATES MARKET RISK MODEL LAW MODEL LAW ON CROSS-BORDER INSOLVENCY MODERN REHABILITATION MORTGAGE MORTGAGES NEW INSOLVENCY NEW INSOLVENCY LAW NUMBER OF BANKRUPTCY NUMBER OF BANKS OPERATIONAL RISK OVERDUE LIABILITY OVERDUE LOANS PENALTIES PENALTY PETITION FOR BANKRUPTCY PRINCIPAL CREDITORS PRIORITY OF PAYMENT PROBABILITY OF DEFAULT PROFITABILITY PROPERTY RIGHTS PUBLIC DISCLOSURE PURCHASE AND ASSUMPTION TRANSACTIONS RECAPITALIZATION RECEIVERSHIP RECOVERY RATES REGULATORY FRAMEWORK REGULATORY REPORTS REORGANIZATION REORGANIZATION CASES REORGANIZATION PLANS REPAYMENT REPAYMENT OF CREDITORS REPOS RESERVE REQUIREMENTS RESTRUCTURING PLAN RESTRUCTURING PROCESS RESTRUCTURING PROCESSES RESTRUCTURING PROGRAMS RISK MANAGEMENT SALE OF ASSETS SALE PROCEEDS SATISFACTION OF CLAIMS SECURITIES AS COLLATERAL SETTLEMENT SOLVENCY SOVEREIGN GUARANTEE SYSTEMIC CRISIS TRADITIONAL BANKRUPTCY TRUSTEE UNANIMOUS CONSENT UNSECURED CREDITORS VALUATION OF ASSETS VOTE OF CREDITORS WAGES WORKOUTS ADMINISTRATIVE COSTS AGREEMENT OF CREDITORS ARREARS ASSET RESOLUTION ASSET VALUES ASSETS AUDITING BALANCE SHEET BALANCE SHEETS BANK BRANCHES BANK DEBT BANK EQUITY BANK FAILURES BANK LOANS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BANKRUPT BANKRUPTCY CASES BANKRUPTCY FILINGS BANKRUPTCY LAW BANKRUPTCY MANAGEMENT BANKRUPTCY PETITION BANKRUPTCY PROCEDURES BANKRUPTCY PROCEEDING BANKRUPTCY PROCEEDINGS BANKRUPTCY PROCESS BORROWER BUSINESS PLAN CAPITAL ADEQUACY CASH FLOWS CLAIM CLAIMS OF CREDITORS CLAIMS OF EMPLOYEES COLLATERAL COLLECT DEBTS COMMERCIAL BANKS CONCESSIONS CONFLICT OF INTEREST CORPORATE DEBT CORPORATE DISTRESS COURT OF APPEALS COURT ORDER CREDIBILITY CREDIT INSTITUTIONS CREDIT LOSSES CREDIT MARKETS CREDIT RISK CREDITOR CREDITORS CREDITORS COMMITTEE CREDITORS HOLDING CLAIMS CREDITORS MEETING CREDITS CROSS-BORDER INSOLVENCIES CURRENCY DEVALUATION DEBT GUARANTEE DEBT GUARANTEES DEBT RESTRUCTURING DEBTOR DEBTORS DEFAULTS DEPENDENT DEPOSIT DEPOSIT INSURANCE DEPOSIT INSURANCE FUND DEPOSIT INSURANCE SCHEME DEPOSITOR DEPOSITORS DEPOSITS DISCRETIONARY POWERS DISPOSAL OF ASSETS DISPUTE RESOLUTION DISSENTING CREDITORS DISTRESSED ASSET DISTRESSED COMPANY DOMESTIC BANK DOMESTIC BANKS ECONOMIC SITUATIONS EMPLOYEE CLAIMS EMPLOYEE WAGES ENCUMBRANCES ENTERPRISE RESTRUCTURING EQUITY SECURITIES EQUITY VALUE ESTATE EXCHANGE RATE EXTERNAL DEBT FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DIFFICULTIES FINANCIAL INSTITUTIONS FINANCIAL POLICY FINANCIAL POSITION FINANCIAL PROBLEMS FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL SITUATION FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FORCED SALE FOREIGN BANK FOREIGN BANKS FOREIGN EXCHANGE GOOD FAITH GOVERNMENT BONDS GOVERNMENT GUARANTEES GOVERNMENT SECURITIES GUARANTEE FUND IMMOVABLE PROPERTY INDIVIDUAL BANKRUPTCY INDIVIDUAL BANKS INITIATION OF BANKRUPTCY INITIATION OF BANKRUPTCY PROCEEDINGS INSOLVENCY INSOLVENCY CASES INSOLVENT INSOLVENT BANKS INSOLVENT INSTITUTION INSTITUTIONAL FRAMEWORK INSTITUTIONAL FRAMEWORK FOR INSOLVENCY INSUFFICIENT ASSETS INSURANCE COMPANIES INTEREST RATE INTEREST RATES JUDGE JUDGES JUDGMENTS JUDICIAL PROCEDURE JUDICIAL PROCEEDING LAST RESORT LAWS LEGAL FRAMEWORK LEGAL FRAMEWORK FOR BANKRUPTCY LEGAL FRAMEWORK FOR CREDITOR RIGHTS LENDER LENDER OF LAST RESORT LENDERS LIABILITY LIQUIDATION LIQUIDATION PROCEDURE LIQUIDITY LIQUIDITY CRISIS LIQUIDITY PROBLEMS LIST OF CREDITORS LOAN LOAN ASSETS LOAN CLASSIFICATION LOAN LOSS LOAN LOSS PROVISIONING LOAN LOSSES LOAN PORTFOLIO LOAN PORTFOLIOS LOCAL BANKS LOSS OF VALUE MACROECONOMIC CONDITIONS MAJOR CREDITOR MAJOR CREDITORS MAJORITY OF CREDITORS MANDATES MARKET RISK MODEL LAW MODEL LAW ON CROSS-BORDER INSOLVENCY MODERN REHABILITATION MORTGAGE MORTGAGES NEW INSOLVENCY NEW INSOLVENCY LAW NUMBER OF BANKRUPTCY NUMBER OF BANKS OPERATIONAL RISK OVERDUE LIABILITY OVERDUE LOANS PENALTIES PENALTY PETITION FOR BANKRUPTCY PRINCIPAL CREDITORS PRIORITY OF PAYMENT PROBABILITY OF DEFAULT PROFITABILITY PROPERTY RIGHTS PUBLIC DISCLOSURE PURCHASE AND ASSUMPTION TRANSACTIONS RECAPITALIZATION RECEIVERSHIP RECOVERY RATES REGULATORY FRAMEWORK REGULATORY REPORTS REORGANIZATION REORGANIZATION CASES REORGANIZATION PLANS REPAYMENT REPAYMENT OF CREDITORS REPOS RESERVE REQUIREMENTS RESTRUCTURING PLAN RESTRUCTURING PROCESS RESTRUCTURING PROCESSES RESTRUCTURING PROGRAMS RISK MANAGEMENT SALE OF ASSETS SALE PROCEEDS SATISFACTION OF CLAIMS SECURITIES AS COLLATERAL SETTLEMENT SOLVENCY SOVEREIGN GUARANTEE SYSTEMIC CRISIS TRADITIONAL BANKRUPTCY TRUSTEE UNANIMOUS CONSENT UNSECURED CREDITORS VALUATION OF ASSETS VOTE OF CREDITORS WAGES WORKOUTS World Bank Lithuania : Banking System Assessment |
| description |
The Bank of Lithuania (BoL), the Central
Bank, was established in 1990. BoL has the exclusive right
to grant and revoke licenses to local and foreign banks and
to supervise their activities. Private commercial banking
boomed from 1991 to 1994 while bank regulation was lax. In
late 1995, a bank crisis caused failures of most of the
Lithuanian banks, and the remaining banks resulted in better
managed and supervised institutions. BoL also applied
tougher regulation on the banking sector. All commercial
banks now need to have their financial records audited every
year by an international auditing firm. This report includes
the following headings: risks and contingency crisis
management in the Lithuanian banking system; credit risk and
regulatory issues; and description of corporate debt
restructuring procedures in Lithuania. |
| topic_facet |
ADMINISTRATIVE COSTS AGREEMENT OF CREDITORS ARREARS ASSET RESOLUTION ASSET VALUES ASSETS AUDITING BALANCE SHEET BALANCE SHEETS BANK BRANCHES BANK DEBT BANK EQUITY BANK FAILURES BANK LOANS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BANKRUPT BANKRUPTCY CASES BANKRUPTCY FILINGS BANKRUPTCY LAW BANKRUPTCY MANAGEMENT BANKRUPTCY PETITION BANKRUPTCY PROCEDURES BANKRUPTCY PROCEEDING BANKRUPTCY PROCEEDINGS BANKRUPTCY PROCESS BORROWER BUSINESS PLAN CAPITAL ADEQUACY CASH FLOWS CLAIM CLAIMS OF CREDITORS CLAIMS OF EMPLOYEES COLLATERAL COLLECT DEBTS COMMERCIAL BANKS CONCESSIONS CONFLICT OF INTEREST CORPORATE DEBT CORPORATE DISTRESS COURT OF APPEALS COURT ORDER CREDIBILITY CREDIT INSTITUTIONS CREDIT LOSSES CREDIT MARKETS CREDIT RISK CREDITOR CREDITORS CREDITORS COMMITTEE CREDITORS HOLDING CLAIMS CREDITORS MEETING CREDITS CROSS-BORDER INSOLVENCIES CURRENCY DEVALUATION DEBT GUARANTEE DEBT GUARANTEES DEBT RESTRUCTURING DEBTOR DEBTORS DEFAULTS DEPENDENT DEPOSIT DEPOSIT INSURANCE DEPOSIT INSURANCE FUND DEPOSIT INSURANCE SCHEME DEPOSITOR DEPOSITORS DEPOSITS DISCRETIONARY POWERS DISPOSAL OF ASSETS DISPUTE RESOLUTION DISSENTING CREDITORS DISTRESSED ASSET DISTRESSED COMPANY DOMESTIC BANK DOMESTIC BANKS ECONOMIC SITUATIONS EMPLOYEE CLAIMS EMPLOYEE WAGES ENCUMBRANCES ENTERPRISE RESTRUCTURING EQUITY SECURITIES EQUITY VALUE ESTATE EXCHANGE RATE EXTERNAL DEBT FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DIFFICULTIES FINANCIAL INSTITUTIONS FINANCIAL POLICY FINANCIAL POSITION FINANCIAL PROBLEMS FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL SITUATION FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FORCED SALE FOREIGN BANK FOREIGN BANKS FOREIGN EXCHANGE GOOD FAITH GOVERNMENT BONDS GOVERNMENT GUARANTEES GOVERNMENT SECURITIES GUARANTEE FUND IMMOVABLE PROPERTY INDIVIDUAL BANKRUPTCY INDIVIDUAL BANKS INITIATION OF BANKRUPTCY INITIATION OF BANKRUPTCY PROCEEDINGS INSOLVENCY INSOLVENCY CASES INSOLVENT INSOLVENT BANKS INSOLVENT INSTITUTION INSTITUTIONAL FRAMEWORK INSTITUTIONAL FRAMEWORK FOR INSOLVENCY INSUFFICIENT ASSETS INSURANCE COMPANIES INTEREST RATE INTEREST RATES JUDGE JUDGES JUDGMENTS JUDICIAL PROCEDURE JUDICIAL PROCEEDING LAST RESORT LAWS LEGAL FRAMEWORK LEGAL FRAMEWORK FOR BANKRUPTCY LEGAL FRAMEWORK FOR CREDITOR RIGHTS LENDER LENDER OF LAST RESORT LENDERS LIABILITY LIQUIDATION LIQUIDATION PROCEDURE LIQUIDITY LIQUIDITY CRISIS LIQUIDITY PROBLEMS LIST OF CREDITORS LOAN LOAN ASSETS LOAN CLASSIFICATION LOAN LOSS LOAN LOSS PROVISIONING LOAN LOSSES LOAN PORTFOLIO LOAN PORTFOLIOS LOCAL BANKS LOSS OF VALUE MACROECONOMIC CONDITIONS MAJOR CREDITOR MAJOR CREDITORS MAJORITY OF CREDITORS MANDATES MARKET RISK MODEL LAW MODEL LAW ON CROSS-BORDER INSOLVENCY MODERN REHABILITATION MORTGAGE MORTGAGES NEW INSOLVENCY NEW INSOLVENCY LAW NUMBER OF BANKRUPTCY NUMBER OF BANKS OPERATIONAL RISK OVERDUE LIABILITY OVERDUE LOANS PENALTIES PENALTY PETITION FOR BANKRUPTCY PRINCIPAL CREDITORS PRIORITY OF PAYMENT PROBABILITY OF DEFAULT PROFITABILITY PROPERTY RIGHTS PUBLIC DISCLOSURE PURCHASE AND ASSUMPTION TRANSACTIONS RECAPITALIZATION RECEIVERSHIP RECOVERY RATES REGULATORY FRAMEWORK REGULATORY REPORTS REORGANIZATION REORGANIZATION CASES REORGANIZATION PLANS REPAYMENT REPAYMENT OF CREDITORS REPOS RESERVE REQUIREMENTS RESTRUCTURING PLAN RESTRUCTURING PROCESS RESTRUCTURING PROCESSES RESTRUCTURING PROGRAMS RISK MANAGEMENT SALE OF ASSETS SALE PROCEEDS SATISFACTION OF CLAIMS SECURITIES AS COLLATERAL SETTLEMENT SOLVENCY SOVEREIGN GUARANTEE SYSTEMIC CRISIS TRADITIONAL BANKRUPTCY TRUSTEE UNANIMOUS CONSENT UNSECURED CREDITORS VALUATION OF ASSETS VOTE OF CREDITORS WAGES WORKOUTS |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Lithuania : Banking System Assessment |
| title_short |
Lithuania : Banking System Assessment |
| title_full |
Lithuania : Banking System Assessment |
| title_fullStr |
Lithuania : Banking System Assessment |
| title_full_unstemmed |
Lithuania : Banking System Assessment |
| title_sort |
lithuania : banking system assessment |
| publisher |
Washington, DC |
| publishDate |
2009-12 |
| url |
http://documents.worldbank.org/curated/en/2009/12/16420914/lithuania-banking-system-assessment https://hdl.handle.net/10986/12822 |
| work_keys_str_mv |
AT worldbank lithuaniabankingsystemassessment |
| _version_ |
1807157547623251968 |
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dig-okr-10986128222024-08-08T15:03:41Z Lithuania : Banking System Assessment World Bank ADMINISTRATIVE COSTS AGREEMENT OF CREDITORS ARREARS ASSET RESOLUTION ASSET VALUES ASSETS AUDITING BALANCE SHEET BALANCE SHEETS BANK BRANCHES BANK DEBT BANK EQUITY BANK FAILURES BANK LOANS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BANKRUPT BANKRUPTCY CASES BANKRUPTCY FILINGS BANKRUPTCY LAW BANKRUPTCY MANAGEMENT BANKRUPTCY PETITION BANKRUPTCY PROCEDURES BANKRUPTCY PROCEEDING BANKRUPTCY PROCEEDINGS BANKRUPTCY PROCESS BORROWER BUSINESS PLAN CAPITAL ADEQUACY CASH FLOWS CLAIM CLAIMS OF CREDITORS CLAIMS OF EMPLOYEES COLLATERAL COLLECT DEBTS COMMERCIAL BANKS CONCESSIONS CONFLICT OF INTEREST CORPORATE DEBT CORPORATE DISTRESS COURT OF APPEALS COURT ORDER CREDIBILITY CREDIT INSTITUTIONS CREDIT LOSSES CREDIT MARKETS CREDIT RISK CREDITOR CREDITORS CREDITORS COMMITTEE CREDITORS HOLDING CLAIMS CREDITORS MEETING CREDITS CROSS-BORDER INSOLVENCIES CURRENCY DEVALUATION DEBT GUARANTEE DEBT GUARANTEES DEBT RESTRUCTURING DEBTOR DEBTORS DEFAULTS DEPENDENT DEPOSIT DEPOSIT INSURANCE DEPOSIT INSURANCE FUND DEPOSIT INSURANCE SCHEME DEPOSITOR DEPOSITORS DEPOSITS DISCRETIONARY POWERS DISPOSAL OF ASSETS DISPUTE RESOLUTION DISSENTING CREDITORS DISTRESSED ASSET DISTRESSED COMPANY DOMESTIC BANK DOMESTIC BANKS ECONOMIC SITUATIONS EMPLOYEE CLAIMS EMPLOYEE WAGES ENCUMBRANCES ENTERPRISE RESTRUCTURING EQUITY SECURITIES EQUITY VALUE ESTATE EXCHANGE RATE EXTERNAL DEBT FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DIFFICULTIES FINANCIAL INSTITUTIONS FINANCIAL POLICY FINANCIAL POSITION FINANCIAL PROBLEMS FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL SITUATION FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FORCED SALE FOREIGN BANK FOREIGN BANKS FOREIGN EXCHANGE GOOD FAITH GOVERNMENT BONDS GOVERNMENT GUARANTEES GOVERNMENT SECURITIES GUARANTEE FUND IMMOVABLE PROPERTY INDIVIDUAL BANKRUPTCY INDIVIDUAL BANKS INITIATION OF BANKRUPTCY INITIATION OF BANKRUPTCY PROCEEDINGS INSOLVENCY INSOLVENCY CASES INSOLVENT INSOLVENT BANKS INSOLVENT INSTITUTION INSTITUTIONAL FRAMEWORK INSTITUTIONAL FRAMEWORK FOR INSOLVENCY INSUFFICIENT ASSETS INSURANCE COMPANIES INTEREST RATE INTEREST RATES JUDGE JUDGES JUDGMENTS JUDICIAL PROCEDURE JUDICIAL PROCEEDING LAST RESORT LAWS LEGAL FRAMEWORK LEGAL FRAMEWORK FOR BANKRUPTCY LEGAL FRAMEWORK FOR CREDITOR RIGHTS LENDER LENDER OF LAST RESORT LENDERS LIABILITY LIQUIDATION LIQUIDATION PROCEDURE LIQUIDITY LIQUIDITY CRISIS LIQUIDITY PROBLEMS LIST OF CREDITORS LOAN LOAN ASSETS LOAN CLASSIFICATION LOAN LOSS LOAN LOSS PROVISIONING LOAN LOSSES LOAN PORTFOLIO LOAN PORTFOLIOS LOCAL BANKS LOSS OF VALUE MACROECONOMIC CONDITIONS MAJOR CREDITOR MAJOR CREDITORS MAJORITY OF CREDITORS MANDATES MARKET RISK MODEL LAW MODEL LAW ON CROSS-BORDER INSOLVENCY MODERN REHABILITATION MORTGAGE MORTGAGES NEW INSOLVENCY NEW INSOLVENCY LAW NUMBER OF BANKRUPTCY NUMBER OF BANKS OPERATIONAL RISK OVERDUE LIABILITY OVERDUE LOANS PENALTIES PENALTY PETITION FOR BANKRUPTCY PRINCIPAL CREDITORS PRIORITY OF PAYMENT PROBABILITY OF DEFAULT PROFITABILITY PROPERTY RIGHTS PUBLIC DISCLOSURE PURCHASE AND ASSUMPTION TRANSACTIONS RECAPITALIZATION RECEIVERSHIP RECOVERY RATES REGULATORY FRAMEWORK REGULATORY REPORTS REORGANIZATION REORGANIZATION CASES REORGANIZATION PLANS REPAYMENT REPAYMENT OF CREDITORS REPOS RESERVE REQUIREMENTS RESTRUCTURING PLAN RESTRUCTURING PROCESS RESTRUCTURING PROCESSES RESTRUCTURING PROGRAMS RISK MANAGEMENT SALE OF ASSETS SALE PROCEEDS SATISFACTION OF CLAIMS SECURITIES AS COLLATERAL SETTLEMENT SOLVENCY SOVEREIGN GUARANTEE SYSTEMIC CRISIS TRADITIONAL BANKRUPTCY TRUSTEE UNANIMOUS CONSENT UNSECURED CREDITORS VALUATION OF ASSETS VOTE OF CREDITORS WAGES WORKOUTS The Bank of Lithuania (BoL), the Central Bank, was established in 1990. BoL has the exclusive right to grant and revoke licenses to local and foreign banks and to supervise their activities. Private commercial banking boomed from 1991 to 1994 while bank regulation was lax. In late 1995, a bank crisis caused failures of most of the Lithuanian banks, and the remaining banks resulted in better managed and supervised institutions. BoL also applied tougher regulation on the banking sector. All commercial banks now need to have their financial records audited every year by an international auditing firm. This report includes the following headings: risks and contingency crisis management in the Lithuanian banking system; credit risk and regulatory issues; and description of corporate debt restructuring procedures in Lithuania. 2013-03-21T15:04:00Z 2013-03-21T15:04:00Z 2009-12 http://documents.worldbank.org/curated/en/2009/12/16420914/lithuania-banking-system-assessment https://hdl.handle.net/10986/12822 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain Washington, DC |