IMF Staff Country Reports

Republic of Lithuania: Selected Issues

April 3, 2007

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Republic of Lithuania: Selected Issues, (USA: International Monetary Fund, 2007) accessed November 5, 2024

Summary

This Selected Issues paper on the Republic of Lithuania discusses structure of the financial sector, banking system vulnerabilities, and challenges. Rapid credit growth has been channeled into consumer and real estate lending, and is increasingly financed by foreign borrowing. The financial soundness indicators (FSIs) suggest a sound banking system, but may be lagging measure for financial system health. The current stress tests do not include a scenario with an economy-wide recession that could describe broader systemic risks to the banking system.

Subject: Banking, Financial institutions, Income tax systems, Labor, Personal income tax, Securities, Tax policy, Tax wedge, Taxes, Wages

Keywords: Baltics, Bank, Bank asset-to-GDP ratio, Bank supervisor, CR, Earnings, Eastern Europe, Global, Income tax, Income tax systems, ISCR, Parent bank, Parent-bank lending, Personal income tax, Rate, Securities, Tax wedge, Tax wedge, Wages, Word bank World Development Indicators, Worker

Publication Details

  • Pages:

    34

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2007/137

  • Stock No:

    1LTUEA2007002

  • ISBN:

    9781451824155

  • ISSN:

    1934-7685