Regtech warrior BearingPoint storms Citadele Bank Lithuania

Aerial view of Vilnius, Lithuania

Citadele Bank Lithuania has opted for the regtech platform Abacus from BearingPoint and thus made its debut in the Baltic country.

According to BearingPoint, the bank has selected Abacus360 Banking to meet the growing European Central Bank (ECB) requirements for AnaCredit reporting (analytical credit records).

Around 100 data attributes must be reported in the context of AnaCredit. Local Lithuanian attributes are currently being developed and …

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