UAB Lithuanian Mint, managed by the Bank of Lithuania, to transfer over EUR 1.2 million to the state

UAB Lithuanian Mint, managed by the Bank of Lithuania, to transfer over EUR 1.2 million to the state
April 28, 2016 The Board of the Bank of Lithuania has approved the 2015 Financial Statements and the allocation of the profit of UAB Lithuanian Mint. It has been decided to reduce the company’s authorised capital as well.

New procedure for the investigation of disputes between consumers and financial institutions provides wider possibilities for participants of the process

New procedure for the investigation of disputes between consumers and financial institutions provides wider possibilities for participants of the process
April 20, 2016 The Bank of Lithuania, which started publishing its decisions regarding  the subject matter of disputes between financial markets and their customers, also implements other innovations in the investigation of disputes, which are aimed at ensuring greater efficiency in dispute investigation...

Future of payments market — faster innovation implementation and stronger competition

Future of payments market — faster innovation implementation and stronger competition
April 14, 2016 Even though positive changes are seen in the payments market, unfavourable trends for bank customers — limited competition and delayed payment innovation implementation — hamper faster progress. Hence the Bank of Lithuania took the initiative to...
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INTEREST RATES | effective from 16/03/2016
Marginal lending facility0.25
Main refinancing operations0.00
Deposit facility-0.40
  
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