Bank of Lithuania

The Seimas Committee on Budget and Finance will request President Dalia Grybauskaitė to answer questions on the financial crisis. She will be sent questions about the actions of commercial banks and the Bank of Lithuania by committee chairman Stasys Jakeliūnas. Former Prime Minister Andrius Kubilius...

While the citizens’ financial circumstances are improving, many families would be content with their living conditions in Lithuania if they had 400 euro higher incomes. This was found by a household survey commissioned by the Bank of Lithuania, its press release states according to lrt.lt.

The Bank of Lithuania issued on Wednesday an e-money license to Chinese controlled payment company Paytend Europe amid the country's efforts to become a payment gateway between China and the European Union.

Lithuania's central banker says he sees no clear signs of an upcoming new economic crisis but warns about slowing growth.

The Bank of Lithuania could have tightened supervision rules for the banking sector before the last crisis but failed to do so, Vitas Vasiliauskas, chairman of the Bank of Lithuania, says.

The recent money laundering story involving banks operating in the Baltic states has a negative impact on the reputation of the whole region's banking sector, says Vitas Vasiliauskas, board chairman of the Bank of Lithuania.

Startups and other businesses developing financial technologies (FinTech) will soon be able to test their innovative products in a live environment under the guidance and supervision of the central bank of Lithuania. Submission of applications to enter the Bank of Lithuania regulatory sandbox opens ...

Lithuania's MP and former Finance Minister Ingrida Šimonytė on Monday announced her decision to take part in the primaries of the opposition conservative Homeland Union – Lithuanian Christian Democrats, held to select a presidential candidate.

15,000 Vilnius marathon participants will get a chance to use Lympo Run, an app which will reward runners with crypto tokens for running, a press release from Lympo states.

The Bank of Lithuania has been selected as the winner of the first Catalyst Award in the FinTech & RegTech Global Awards 2018 organised by Central Banking. The award was given and the Bank of Lithuania’s activities in the field of innovation were presented in Singapore, one of the most important glo...

Lithuania's image on the international scene is promising: in 2017 alone, 35 fintech companies were established here, and a few weeks ago the 16+1 Heads of Government of China and the countries of Central and Eastern Europe agreed to set up a financial technology coordination centre and organise a h...

Lithuania's elite sees Darius Jauniškis, director of the State Security Department (VSD), as being the most influential among the country's civil servants and lawyers, Delfi.lt reported on Monday.

The Bank of Lithuania will analyze additional information on VIA SMS Group after Arvydas Anušauskas, a member of the Lithuanian parliamentary Committee on National Security and Defense, representing the opposition conservative Homeland Union – Lithuanian Christian Democrats, said earlier the Latvian...

Arvydas Anušauskas, a member of the Lithuanian parliamentary Committee on National Security and Defense, representing the opposition conservative Homeland Union – Lithuanian Christian Democrats, has called on the government to disclose whether activity of the Latvian-capital business group VIA SMS G...

Economist Gitanas Nausėda, an adviser to SEB bank's president, has been named the most influential representative of the business sector and economists, according to a new survey by Spinter Tyrimai for the delfi.lt news website.

The Bank of Lithuania has provided an electronic money license to the international money transfer startup TranferGo. This license opens up new development opportunities and makes it possible for the company to further simplify and speed up international money transfers, as well as to offer electron...

Lithuania's Tripartite Council on Tuesday failed to reach agreement on raising the minimum wage. Employers are inclined to back the government's proposal to raise the minimum pay to 420 euros. Meanwhile, trade unions want it increased to 450 euros.

Exports of goods of Lithuanian origin, excluding mineral products, continue to grow, though at a somewhat slower pace than last year. In early 2018, nominal exports of Lithuanian goods increased by 6.8% compared to the same period in 2017 (15.4% throughout 2017). Growth in exports of petroleum produ...