The Bank of Lithuania

Peer-to-peer insurance platform to be tested in the regulatory sandbox

UAB Workpower has become the first company allowed by the Board of the Bank of Lithuania to enter the Bank of Lithuania’s regulatory sandbox and test a peer-to-peer insurance platform.

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Although Lithuania’s financial system is stable, both external and internal risks prevail

Despite the deteriorated international environment, Lithuania’s financial system is stable, while banks’ resilience to potential shocks remains high. The country’s financial system is subject to two key risks: financial imbalances in the Nordic states...

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Current account deficit recorded a substantial increase

Balance of Payments of the Republic of Lithuania April 2019

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Gold coin to commemorate the Struggle for Freedom of Lithuania

Today the Bank of Lithuania unveiled the €50 gold collector coin dedicated to the Movement for the Struggle for Freedom of Lithuania . This is the first Lithuanian collector coin to pay homage to post-war partisan resistance movements. The coin was...

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IMF mission to assess Lithuania’s economic and financial resilience

Today, the Mission of the European Department of the International Monetary Fund (IMF), led by Borja Gracia, starts it work in Lithuania. The IMF experts will analyse the general macroeconomic climate in Lithuania, its economic development patterns...

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Given stronger domestic demand, the Bank of Lithuania upgraded its GDP projections for 2019

Despite the current international climate, growth in Lithuania remains robust, driven by the strong upturn in exports and domestic demand, particularly, private consumption. In view of the positive developments, the Bank of Lithuania has revised its...

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Second Baltic Economic Conference to take place in Riga

The 2nd Baltic Economic Conference will take place in Riga on June 10-11 2019. This year’s conference will welcome about 80 researchers from all over the world and include a special session on Gender Economics. Researchers from the Bank of Lithuania...

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LIVE! Seminar ‘Balancing Fintech opportunities and risks'

Financial technologies are rapidly gaining traction across the globe. Held in Vilnius today, the seminar will bring together high-level representatives from the Bank of Lithuania, the International Monetary Fund and the Ministry of Finance, as...

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Vasiliauskas: Lithuania’s experience helps shape international fintech best practices

As emphasised today during the joint high-level seminar held by the Bank of Lithuania and the International Monetary Fund (IMF), financial technologies (fintech) have a vast potential to benefit consumers and boost economic growth, yet fintech...

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Joint Bank of Lithuania and IMF seminar will focus on FinTech opportunities and risk management

On 10 June 2019 in Vilnius, the Bank of Lithuania, the International Monetary Fund (IMF) and the Ministry of Finance will hold the first joint high-level seminar to share expertise in FinTech and discuss ways to harness its potential and mitigate the...

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Bank of Lithuania issued three electronic money institution licences

The Board of the Bank of Lithuania issued three new electronic money institution licences. 

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Join the consultation on safeguarding electronic money and payment institution customer funds

The Bank of Lithuania has initiated a public consultation, seeking the opinion of payment service providers and users, market experts and public sector representatives on safeguarding customer funds held by electronic money and payment institutions...

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Governors of the Baltic central banks to meet in Riga

During the meeting held in Riga on 31 May, the governors of the central banks of Lithuania, Latvia and Estonia will discuss the economic outlook of the Baltic States, monetary policy-related issues and common regional challenges to the stability and...

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Deposits of Lithuanian residents with credit institutions continued to increase

Balance Sheet of Monetary Financial Institutions, April 2019

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V. Vasiliauskas: Central bank transparency bolsters market and public confidence

Open communication with market participants and the general public enhances the transmission of central bank policies and boosts their credibility, says Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania, who is currently on an...

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