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How to Get Your Finances in Order for 2022

As the effects of the COVID-19 pandemic dwindle, many European economies are slowly bouncing back. A full economic recovery is expected by the end of 2021 in Lithuania and some Scandinavian countries. Euronews projects the EU economy will grow by 3.9% in 2022.


Lending to non-financial corporations: the current trends

Just one year ago, lending to business went through a difficult period. The microfinancing (MFI) loan portfolio to private non-financial corporations dropped by 11% over the year, and decline was observed in almost all business industries.


Can financial companies be socially and environmentally responsible?

As social responsibilities and environmental sustainability become an integral part of society, many companies and organizations establish goals and policies to make a difference.


Q3 2021 Saldo expanded operations in Sweden

Despite restrictive emergency regulations, Saldo achieved a turnover of EUR 5.9 million (EUR 6.8 million in 2021 Q2) with an operating profit of EUR 3.9 million (EUR 4 million in Q2 2021) in Q3. Business development and the expansion of Saldo Finance remained stable despite lingering pandemic-related challenges.


Lithuanian Households After COVID-19

Financial health, consumer expectations, and behaviour of households have a significant impact on the lending market. According to data sourced from the Bank of Lithuania, loans to households account for more than 50% of the micro financing loan portfolio which displayed significant growth following the COVID-19 pandemic.


COVID-19’s Effect on Prices of Real Estate in Europe

COVID-19 has had a significant impact on various sectors of the economy. The real estate market is no different. Recent research shows that year-over-year increases in real estate prices have increased during the pandemic.


Investing and Responsibility

Investment is laying out money or capital with expectations of returns or profit. While it is often associated with money, investment does not always imply financial returns or profits. Primarily, the purpose of investment is to gain something after laying down capital.


Finnish fintech Saldo Finance received ECB’s specialised banking licence

Saldo Finance UAB, a subsidiary of Finnish Saldo Finance Plc, has been granted ECB’s specialised banking licence in Lithuania. Saldo Finance Plc foresees remarkable expansion of operations