Functions of the Bank of Lithuania. Management of Lithuania’s financial assets.

(2017, 1 min., 16 sec.). Financial assets under management comprise over EUR 5 billion and 5.8 tons of gold. Financial assets managed by the Bank of Lithuania comprise official reserve assets in foreign currencies, gold and financial assets in euro. The purpose of financial assets is to ensure the stability of the financial system in Lithuania and the euro area, create conditions for smooth monetary policy implementation, ensure the financial independence of the Bank of Lithuania and provide buffer for the country to withstand economic and financial shocks as well as other extraordinary circumstances.