
Financial Environment in Lithuania
Financial sector in Lithuania can be bifurcated into 3 basic constituents – banking, insurance, stock markets. Stock Markets form an integral part of financial environment of Lithuania. There are 2 functional exchanges which are owned by NASDAC in majority. Stock market has grown phenomenally inbusiness and listing of companies since their establishment in 1993. In 2012 18 morecompanies were qualified for listing in main list. As per figures of 2011, gross capitalization of organizations registered in Vilnius share exchange amounted to EUR 3, 14 billion.