Lithuania
Bank of Lithuania launches new cash management service
Cash Service opens for business in centralised location; new body aimed at reducing cost of ensuring good quality currency is in circulation in the country at all times
Bank of Lithuania clamps down on credit unions
The Bank of Lithuania has introduced tougher prudential requirements for credit unions as it seeks to safeguard the interests of depositors
Bank of Lithuania takes next step in structural overhaul
New banking service aims to promote efficient investment operations and mitigate risk; comprises third step in central bank’s restructuring programme
Central banks take part in ‘Night of Museums’ event
Central bank museums to open late as part of European Night of Museums event; UK and Lithuania among those with special events planned
Differing growth predictions demonstrate uneven global recovery
European Commission estimates 0.3% contraction for eurozone GDP; Lithuania and Thailand meanwhile revise growth estimates upwards
Bank of Lithuania names Rūta Rodzko director of economics and financial stability
Restructuring at Bank of Lithuania sees Rūta Rodzko appointed to lead new economics and financial stability service
Bank of Lithuania survey shows improvement in mortgage arrears
The level of mortgage arrears has improved in Lithuania as debtholder sentiment improves, according to central bank survey
Bank of Lithuania warns of stained banknotes after ATM theft
Bank of Lithuania advises against accepting banknotes stained with ink; fears raised that such notes could be result of ATM theft in the country
Bank of Lithuania says 90% of population has bank accounts
Banking survey shows high level of participation in the banking sector; central bank to continue “financial education” lessons
Lithuanian Supervision Service gets new powers
Board of Lithuanian central bank grants Supervision Service right to exercise powers to supervise non-banking financial institutions
Lithuania continues restructure of operations
Bank of Lithuania continues “optimising” operations; will concentrate key functions within specialised services and close a vault
Lithuanian central bank completes euro credit migration to Sepa
Bank of Lithuania says government institutions holding accounts with central bank will now be able to initiate and receive payments in euros through Sepa credit payments scheme
Lithuanian central bank becomes victim of a cyber attack
Bank of Lithuania's website hit by hackers; days after Central Bank of UAE experienced a similar attack
Bank of Lithuania sells majority share in CSD
Finnish company buys 60% share in CSD; central bank hopes new investor will progress the depository’s offerings and promote the Lithuanian capital market
Lithuania overhauls banking supervision
New streamlined financial markets supervision body will save government $1.9 million a year; economist in charge of new Supervision Service
Lithuania fires head of credit institutions supervision department
Kazimieras Ramonas unceremoniously sacked; new central bank department will take over financial market supervision in 2012
Eurozone fears spread worldwide
Indonesia drops rate in surprise move, Lithuania and Mexico slash growth forecasts as the UK prepares for “Armageddon”
Lithuanian central bank assists in counterfeit banknote investigation
Bank of Lithuania says it will help police in investigation to uncover source of recent rise in counterfeit banknotes
Bank of Lithuania opens its doors to the public
Bank of Lithuania invites the general public to see inside the bank as part of the joint birthday celebration of the central bank and the national currency
Lithuania education programme gets under way: photos
Bank of Lithuania holds first educational seminar; session aimed at senior citizens
Lithuania bucks trend to instead predict higher economic growth
Bank of Lithuania predicts higher economic growth in 2011; Mexico joins UK in lowering forecast
Lithuania’s Vasiliauskas calls for prudent lending standards
Bank of Lithuania chairman Vitas Vasiliauskas urges caution over lending standards in Lithuania as banks return to profitability
Lithuania plans public education programme
Central bank in discussions with banks and ministry of finance to provide public education programme; central bank governor sees vital importance in the endeavours
More change at the Bank of Lithuania
New deputy chairman of the board of the Bank of Lithuania appointed; in the same week as new governor starts