About Lietuvos bankas / Bank of Lithuania

https://www.lb.lt/

About Lietuvos bankas / Bank of Lithuania

The Bank of Lithuania is the central bank of the Republic of Lithuania. Its principal objective is to maintain price stability. In seeking its principal objective, the Bank of Lithuania is independent from the Government of the Republic of Lithuania or other institutions of the state. The Bank of Lithuania is part of the Eurosystem and, together with the European Central Bank and the central banks of other euro area countries, participates in the establishment and implementation of the euro area’s monetary policy. The Bank of Lithuania is responsible for meeting the demand for euro banknotes in Lithuania. Management of financial assets is another function of the Bank of Lithuania. The Bank of Lithuania issues permits and licenses for the operation of financial market participants. In addition, the central bank monitors financial market players and evaluates their compliance with the defined requirements and prudential guidelines, applying sanctions if they violate the existing law. The Bank of Lithuania impartially investigates disputes between consumers and financial service providers over insurance, lending, payment, investment and other financial services, including disputes relating to accounts, deposits in banks or other credit institutions. The central bank of Lithuania also performs analysis of the country’s economic and financial system, prepares financial stability reviews, foresees potential threats to Lithuania’s financial system, and predicts possible economic development prospects. For more information, please, visit our website: http://www.lb.lt/about

News

Kasta Obtains Lithuanian VASP Registration, Strengthening Regulatory Foundation

December 13 2024

Kasta, aiming to build the most user-friendly crypto & cash payments platform with ka.app, has […]

News

Fintech in Lithuania Remains Resilient Despite Global Downturn, New Report Says

March 21 2024

Lithuania, the EU’s largest Fintech hub by the number of licences issued, had another year […]

News

EXCLUSIVE: ‘The crowdfunding capital of Europe’ – Jovita Aleksiūnė, Bank of Lithuania; Vytautas Šenavičius, Crowdfunding Association of Lithuania and Gintarė Bačiulienė, Invest Lithuania in ‘The Fintech Magazine’

January 11 2022

That’s what Lithuania, which has created an enabling environment for peer-to-business lending, aspires to be […]

News

Value of payment transactions by electronic money and payment institutions exceeded €150 billion

December 17 2021

“According to the data of the sector’s self-assessment analysis, more than 80% of the institutions […]

Thought Leadership

EXCLUSIVE: "Sticks and Carrots" - Fiona McFarlane in 'The Fintech Magazine'

October 11 2023

It sounds obvious, but fintechs don’t behave like incumbent banks. Regulators took a while to […]

Thought Leadership

EXCLUSIVE: ‘The crowdfunding capital of Europe’ – Jovita Aleksiūnė, Bank of Lithuania; Vytautas Šenavičius, Crowdfunding Association of Lithuania and Gintarė Bačiulienė, Invest Lithuania in ‘The Fintech Magazine’

January 11 2022

That’s what Lithuania, which has created an enabling environment for peer-to-business lending, aspires to be […]

Jovita Aleksiūnė

Dovilė Arlauskaitė

About Lietuvos bankas / Bank of Lithuania