LTH CB Real Estate Loan Repayment

Published on: Nov 27, 2024

On Nov. 22, LTH PRL published resolution on calculating compensation

  • LTH PRL published LTH CB Resolution 03-144 of Nov. 21 amending Resolution 03-177 re compensation for repayment of real estate-related loan pre-agreement expiration.
  • Overview
  • The formula to apply to calculate the cited compensation, in point 4 of Res 03-177 of 2016, is replaced by a new one; the resolution details what each variable means.
  • Effectiveness
  • The resolution enters into force on May 1, 2025.
Regulators
LTH CB; LTH PRL
Entity Types
Bank; CNSM; Corp
Reference
OG 20352, 11/22/2024; Res 3-144, 11/21/2024; Res 3-177/2016
Functions
Compliance; Financial; Legal; Operations; Product Administration
Countries
Lithuania
Category
State
N/A
Products
Banking; Mortgage; Payments
Rule Type
Final
Regions
EMEA
Rule Date
Nov 22, 2024
Effective Date
May 1, 2025
Rule ID
234643
Linked to
N/A
Reg. Last Update
Nov 22, 2024
Report Section
EU