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2013 06 20

Lithuania’s Prime Minister slams attack against Swedbank as hooliganism

Prime Minister Algirdas Butkevičius warns that ‘hooliganism’, such as the dissemination of misleading reports about Swedbank, one of Lithuania’s biggest commercial banks, that triggered panic in the western part of the country on Wednesday, may affect both individual banks and the entire banking system.
Algirdas Butkevičius
Algirdas Butkevičius / Juliaus Kalinsko / 15min nuotr.

“I have to say that there are actually no threats and dangers to the banks. I believe this is hooliganism, which may actually sometimes affect both the bank and the Lithuanian banking system,” he said in an interview to Žinių Radijas on Thursday.

The reports about alleged difficulties of Swedbank, which have been spread in Lithuania in recent days, triggered confusion in the western part of the country on Wednesday. The media reported about queues of customers lining up at the bank’s branches in Tauragė, Šilutė, Pagėgiai, and other towns.

Swedbank stated, in its turn, that those reports were unfounded rumors only misleading the public.

The bank confirmed that it had asked the police to investigate the incident. The officials of the Criminal Police Bureau said that they would open a pre-trial investigation.

The central Bank of Lithuania stated, meanwhile, that all Lithuania’s banks operated in a stable and reliable manner.

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