Lithuania: state property manager hit with cyberattack after announcing “putinOut” campaign

Turto Bankas (Property Bank), Lithuania’s centralised public property management company, was hit by a cyberattack on August 30, which briefly knocked out its external websites. The company believed it was a response to its “putinOut” campaign. The websites turtas.lt and valstybesturtas.lt were down between 12:30 and 13:00 as a result of a distributed denial of…

Georgia: loan volume down in July 2022

Commercial banks in Georgia loaned GEL 42.09 billion ($14.85 billion) and received deposits of GEL 38.75 billion ($13.67billion) in July, the latest data from the National Bank of Georgia showed. The volume of loans decreased by 3.58% in July compared to the previous month, while the number of deposits increased by 1.27%. Last month, the…

Lithuania: last bank servicing Kaliningrad transit payments asks authorities for clarity

Siauliu Bankas, the last Lithuanian bank accepting Russian payments for Kaliningrad transit services, has called on the government to provide clarity. “Public authorities must state clearly whether transit is a function of interest to the state, or not,” Vytautas Sinius, the CEO of Siauliu Bankas, said. “We are waiting for a clarification from public authorities…