In the News

2010-11-17 00:00:02

RESPUBLIKA: MRU Professor Antanas Buračas Discusses Banks and Banking

buracas1 November 17th, the daily newspaper, "Respublika," reports the comments of Mykolas Romeris University (MRU) Professor Antanas Buračas on banks. Buračas is quoted as saying that at one time, international banks freely handed out all kinds of loans, but now they do not want to divide up losses with clients. Their goal is to at least reduce the number of impending bankruptcies. Academic Buračas is a professor in MRU's Department of Banking and Investments in the Faculty of Economics and Finance Management.