S. Jakeliūnas’ statement surprises bank association head: are you trying to cause panic in the markets?

Mantas Zalatorius, Stasys Jakeliūnas

There is too great a concentration of Swedish banks in Lithuania, thus one of them should be sold. This was a statement by Seimas Budget and Finance Committee chairman Stasys Jakeliūnas on Wednesday. SEB bank and Swedbank – these are namely two Swedish capital banks operating in Lithuania and other Baltic states and if they didn’t flinch, they must have at least been listening carefully, this was a statement by a politician from the ruling coalition.

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