Integration in the retail banking markets can be measured by the cross-country dispersion (standard deviation) of interest rates on consumer credit, lending for house purchase and deposits with an agreed maturity, with a high degree of cross-country dispersion indicating a low degree of integration. Our finding was that the degree of dispersion remains relatively high.
Last year, the Bank of Lithuania joined the Network for Greening the Financial System (NGFS), aimed at scaling up green finance. Climate change, including related risks that are not correctly priced by the markets, will also be considered in the ongoing European Central Bank’s (ECB) monetary policy strategy review. Dear colleagues, To conclude, investment today is as important as ever.