Bank of Lithuania
The Bank of Lithuania is the central bank of the Republic of Lithuania. The Bank of Lithuania is a member of the European System of Central Banks. The chairman of the bank is Vitas Vasiliauskas. Until 2015, the Bank of Lithuania was responsible for issuing the former Lithuanian currency, the litas.Primary functions
According to the Bank's official website, the Bank of Lithuania performs these primary functions:
Governors of the Bank of Lithuania:
- Vladas Jurgutis
- Vladas Stašinskas
- Juozas Tūbelis
- Juozas Paknys
Chairmen of the board of the Bank of Lithuania:
- Bronius Povilaitis
- Vilius Baldišis
- Romualdas Visokavičius
- Kazys Ratkevičius
- Reinoldijus Šarkinas
- Vitas Vasiliauskas
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 Supervision Service; ten departments: Economics, Statistics, Market Operations, International Relations, Payment Systems, Cash, Accounting, Information Technology, General Services and Security; six autonomous divisions, and Bank of Lithuania Branches in Kaunas and Klaipėda.
