Bank of Lithuania

The Bank of Lithuania (Lithuanian: Lietuvos bankas) is the name of two homonymous institutions, respectively in existence from 1922 to 1943 in Kaunas, and since 1990 in Vilnius. The current Bank of Lithuania is the national central bank for Lithuania within the Eurosystem. It is fully owned by the Lithuanian state.

The interwar Bank of Lithuania issued the Lithuanian litas between 1922 and 1940. The current Bank of Lithuania also issued a national currency of the same name from 1993 until end-2014, when Lithuania adopted the euro as its currency.

Whereas it is governed under a national framework of accountability, the Bank of Lithuania increasingly implements policies set at the European Union level. In addition to its Eurosystem role, it is the national competent authority for Lithuania within European Banking Supervision. It is a voting member of the respective Boards of Supervisors of the European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA), and European Securities and Markets Authority (ESMA). It is Lithuania's designated National Resolution Authority and plenary session member of the Single Resolution Board (SRB). It provides the permanent single common representative for Lithuania in the Supervisory composition of the General Board of the Anti-Money Laundering Authority (AMLA). It is also a member of the European Systemic Risk Board (ESRB).