Lithuania cbank approves 2000 financial statements

LITHUANIA - At its board meeting on Mar 29, 2001, the Bank of Lithuania approved its financial statements for 2000, reporting profits for the year of LTL 126.2 million. The Bank's revenues were LTL 321.45 million and expenses were LTL 195.25 million.

The largest part of the revenue, LTL 306.67 million, was earned by the management of foreign exchange reserves. Other revenues came from the settlement services it provides to banks, commissions on the purchase and sale of foreign exchange and th

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