Activities of Baltija credit union restricted, temporary administrator appointed
(WorldNews Politics)

Having determined that the likely dissipation of high-value assets of Baltija credit union may lead to a significant loss (nearly EUR 2 million), and due to threats to the interests of depositors, other creditors and clients, the Supervision Service of the Bank of Lithuania has restricted this credit union`s activities until 6 October of this year, and appointed its temporary administrator. The...