Although the positivity is not as high as at the beginning of the year, investors’ confidence is still high – the value of the index remains at the before the quarantine level. The value of the ICIL is 1,139 out of 2 in this quarter.
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Although the positivity is not as high as at the beginning of the year, investors’ confidence is still high – the value of the index remains at the before the quarantine level. The value of the ICIL is 1,139 out of 2 in this quarter.
Social media giants have been infiltrating the payments market, with big players like Facebook offering users payment services outside of the platform. While this development might signal change in the payments field, Simas Simanauskas, Head of Payments at ConnectPay, says that social media platforms would have to overcome a lot of challenges, like meeting regulatory requirements, until they can establish a strong foothold in the market.
The value of the Investors’ Confidence Index for Lithuania has been growing since the end of last year and reached 1,237 out of 2 possible in this quarter. The value of the index is not only growing, but also reached its highest value since the second quarter of 2017.
Statement of the Chairman of the Board
Rolandas Valiūnas
Dear colleagues,
I am certain that life is deemed meaningful, valuable, and exciting as long as we are able to experience sincere amazement. And in the recent year I had lots of opportunities to experience it. Not only because 2020 has become a year of unprecedented trials for all of us. But first and foremost because of how we were able to meet, adapt, and overcome these challenges.