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Lithuanian Banks Will Carry Out Settlements for Kaliningrad Transit After Sept 1: Vilnius

CC BY-SA 4.0 / Ke an / Lithuanian State SymbolsLithuanian State Symbols - The Columns of Gediminas (Gediminaičių stulpai) and Vytis on the pediment of the Bank of Lithuania, Kaunas, Lithuania, 1927
Lithuanian State Symbols - The Columns of Gediminas (Gediminaičių stulpai) and Vytis on the pediment of the Bank of Lithuania, Kaunas, Lithuania, 1927 - Sputnik International, 1920, 30.08.2022
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MOSCOW (Sputnik) - Lithuanian banks will be able to make payments for Kaliningrad transit after September 1, Lithuanian Transport Minister Marius Skuodis said on Tuesday.
"Now, and in the near future, there will be banks through which payments [for transit to Kaliningrad] are and will be carried out. The question is whether banks will work with specific clients: maybe, they will work with some, but not with others," Skuodis told reporters, as quoted by the Lrytas.lt news portal.
Siauliu Bankas, the only Lithuanian bank mandated by the government to process transactions of Russian operators using the services of Lithuanian railroads to transit goods to Kaliningrad, announced that it would stop all operations with Russia starting September 1.
Kaliningrad Region Governor Anton Alikhanov said that the bank's refusal to work with Russia would mean the suspension of Kalinigrad railroad transit via Lithuania.
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