But the system can count, partly thanks to the work of the Bank of Italy, on strengthened capital and prudent evaluations of the quality of its assets. There is no immediate, simple solution that will allow the banks to fully resume their role of supporting economic activity.
The growing Fintech sector also contributes towards solving the structural problem of concentration in the Lithuanian financial sector. At the same time, business funding through crowdfunding platforms also gained traction. As pointed out in the EIB Investment Survey that will be presented here shortly, total investment in Lithuania rose to 5% above pre-pandemic levels by the end of 2021.