Bank of Lithuania

Bank of Lithuania: Bank of Lithuania
Lietuvos Bankas (Lithuanian)

Bank of Lithuania headquarters in Gediminas Avenue, built by the order of Józef Montwiłł in 1889–1891 Commemorative Litas coin dedicated to 75th of the Bank of Lithuania (portrait of Vladas Jurgutis)

Headquarters Vilnius

Established 27 September 1922 [1]

Chairman Vitas Vasiliauskas

Central bank of Lithuania

Currency Lithuanian litas

ISO 4217 Code LTL

Website (Lithuanian) (English) The Bank of Lithuania

The Bank of Lithuania (Lithuanian: Lietuvos Bankas) is the central bank of the Republic of Lithuania. The Bank of Lithuania is a non-Eurozone member of the European System of Central Banks. The chairman of the bank is Vitas Vasiliauskas.

Contents

1 Primary functions

2 Management and structure

3 See also

4 External links

Primary functions

According to the Bank's official website, the Bank of Lithuania performs these primary functions:

maintaining price stability.

issuing Lithuania's currency, the Lithuanian litas.

formulating and implementing the monetary policy.

determining and announcing the exchange rate of the Lithuanian litas.

acting as an agent of the State Treasury.

Management and structure

The Bank is governed by a board consisting of a chairperson, two deputy chairpersons and two members.

According to The Bank of Lithuania official website, it is managed by eleven departments: Economics, Statistics, Market Operations, Credit Institutions Supervision, International Relations, Payment Systems, Cash, Accounting, Information Technology, General Services and Security; six autonomous divisions (Internal Audit, Legal, Organisation and Personnel, General and Public Relations, Risk Management), and Bank of Lithuania Branches in Kaunas and Klaipėda.

See also

Economy of Lithuania

Lithuanian litas

Vladas Jurgutis Award

External links

(Lithuanian) (English) The Bank of Lithuania

v · d · eCentral banks

Global

Global

Bank for International Settlements · Basel Committee on Banking Supervision · Financial Stability Board

By continent

Africa

Bank of Central African States · Central Bank of West African States · Bank of Algeria · Central Bank of Angola · Bank of Botswana · Bank of the Republic of Burundi · Bank of Cape Verde · Central Bank of the Comoros · Central Bank of the Congo · Central Bank of Djibouti · Central Bank of Egypt · Bank of Eritrea · National Bank of Ethiopia · Central Bank of The Gambia · Bank of Ghana · Central Bank of the Republic of Guinea · Central Bank of Kenya · Central Bank of Lesotho · Central Bank of Liberia · Central Bank of Libya · Reserve Bank of Malawi · Bank of Mauritius · Bank Al-Maghrib · Bank of Namibia · Central Bank of Nigeria · Bank of Somaliland · South African Reserve Bank · Bank of South Sudan · Bank of Sudan · Central Bank of Swaziland · Bank of Tanzania · Central Bank of Tunisia · Bank of Uganda · Bank of Zambia · Reserve Bank of Zimbabwe

Americas

Central Bank of Argentina · Central Bank of Aruba · Central Bank of The Bahamas · Central Bank of Barbados · Central Bank of Brazil · Bank of Canada · Central Bank of Chile · Bank of the Republic (Colombia) · Central Bank of Cuba · Central Bank of Curaçao and Sint Maarten · Eastern Caribbean Central Bank · Bank of the Republic of Haiti · Central Bank of Honduras · Bank of Jamaica · Bank of Mexico · Central Bank of Nicaragua · Central Reserve Bank of Peru · Central Bank of Suriname · Central Bank of Trinidad and Tobago · Federal Reserve System (United States) · Central Bank of Venezuela

Asia

Da Afghanistan Bank · Central Bank of Bahrain · Bangladesh Bank · Royal Monetary Authority of Bhutan · Brunei Currency and Monetary Board · National Bank of Cambodia · People's Bank of China · Hong Kong Monetary Authority · Reserve Bank of India · Bank Indonesia · Central Bank of the Islamic Republic of Iran · Central Bank of Iraq · Bank of Israel · Bank of Japan · Central Bank of Jordan · National Bank of Kazakhstan · National Bank of the Kyrgyz Republic · Bank of Korea · Central Bank of the Democratic People's Republic of Korea · Central Bank of Kuwait · Banque du Liban · Monetary Authority of Macao · Bank Negara Malaysia · Maldives Monetary Authority · Bank of Mongolia · Central Bank of Myanmar · Nepal Rastra Bank · Central Bank of Oman · State Bank of Pakistan · Palestine Monetary Authority · Bangko Sentral ng Pilipinas · Qatar Central Bank · Monetary Authority of Singapore · Central Bank of Sri Lanka · Central Bank of Syria · Central Bank of the Republic of China (Taiwan) · Bank of Thailand · Central Bank of the United Arab Emirates · Central Bank of Uzbekistan · State Bank of Vietnam

Europe

European Central Bank (Eurosystem) · National Bank of the Republic of Abkhazia · Bank of Albania · Central Bank of Armenia · Central Bank of Azerbaijan · National Bank of the Republic of Belarus · Central Bank of Bosnia and Herzegovina · Bulgarian National Bank · Croatian National Bank · Czech National Bank · Danmarks Nationalbank · Bank of England · National Bank of Georgia · Hungarian National Bank · Central Bank of Iceland · Central Bank of Kosovo · National Bank of Latvia · Bank of Lithuania · National Bank of the Republic of Macedonia · National Bank of Moldova · Central Bank of Montenegro · Norges Bank · Central Bank of the Turkish Republic of Northern Cyprus · National Bank of Poland · National Bank of Romania · Central Bank of Russia · National Bank of Serbia · Sveriges Riksbank · Swiss National Bank · Central Bank of the Republic of Turkey · National Bank of Ukraine

Oceania

Reserve Bank of Australia · Reserve Bank of Fiji · Reserve Bank of New Zealand · Bank of Papua New Guinea · Central Bank of Samoa · Central Bank of Solomon Islands · National Reserve Bank of Tonga

Policies and implementation

Policies

Capital requirement · Contractionary monetary policy · Expansionary monetary policy

Implementation

Capital control · Discount rate · Interest rates · Money creation · Open market operations · Sovereign wealth fund

Bretton Woods system

International Monetary Fund · World Bank Group (International Bank for Reconstruction and Development · International Centre for Settlement of Investment Disputes · International Development Association · International Finance Corporation · Multilateral Investment Guarantee Agency)

Lists

List of central banks · Central banks and currencies of Africa · Central banks and currencies of the Caribbean · Central banks and currencies of Central America and South America

Names in italics indicate non-sovereign (dependent) territories, former countries, or states with limited recognition

v · d · eCentral banks of the European Union

Within Eurozone
National Bank of Austria · National Bank of Belgium · Central Bank of Cyprus · Bank of Estonia · Bank of Finland · Banque de France · Deutsche Bundesbank · Bank of Greece · Central Bank and Financial Services Authority of Ireland · Banca d'Italia · Central Bank of Luxembourg · Central Bank of Malta · De Nederlandsche Bank · Bank of Portugal · National Bank of Slovakia · Bank of Slovenia · Bank of Spain

Outside Eurozone
Bulgarian National Bank · Czech National Bank · Danmarks Nationalbank · Hungarian National Bank · National Bank of Latvia · Bank of Lithuania · Polish National Bank · National Bank of Romania · Sveriges Riksbank · Bank of England

Banking-related
EU institutions
European Central Bank · European System of Central Banks · European Investment Bank

Central banks · European Union

Coordinates: 54°41′10″N 25°17′00″E / 54.68611°N 25.2833333°E / 54.68611; 25.2833333

Categories:
European System of Central Banks
Central banks
Banks of Lithuania
European bank stubs
Lithuania stubs

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Bank of Lithuania

Contents

Primary functions

Management and structure

See also

External links

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Academic Dictionaries and Encyclopedias

Wikipedia

Bank of Lithuania

Contents

Primary functions

Management and structure

See also

External links

Look at other dictionaries:

Share the article and excerpts

Direct link