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Why Are Credit Unions and Cooperative Banks Rapidly Gaining Popularity in Europe? Profits for Residents, Benefits for the Local Economy - Verslo žInios

Summary by vz.lt
In recent years, a trend that experts call a structural change has emerged in the European financial sector: cooperative banks, which include credit unions, have grown faster than traditional commercial financial institutions. In Lithuania, this has meant a significant increase in the capital and loan portfolio managed by credit unions.
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In recent years, a trend that experts call a structural change has emerged in the European financial sector: cooperative banks, which include credit unions, have grown faster than traditional commercial financial institutions. In Lithuania, this has meant a significant increase in the capital and loan portfolio managed by credit unions.

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vz.lt broke the news in on Thursday, December 4, 2025.
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