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Bank of Lithuania cash offices to resume provision of essential services

Such a decision was made by the Board of the Bank of Lithuania. ... were exchanged in cash immediately); natural and legal persons wishing to exchange coins will have to submit

Unsuccessful project of muštinis

Instead of auksinas, the name of muštinis, with its subunit skatikas, was suggested (taleris, a large ... Besides the coin, it was also suggested to introduce ½, 1, 3, 5, 10, 25, 100 and 1,000 muštinis banknotes

5 November in the history of the Bank of Lithuania

26 years ago, on 5 November 1991, the Supreme Council - Restoration Seimas of the Republic of Lithuania ... adopted the Law on the Issuance of Money of the Republic of Lithuania which declared litas with its subunit

The Bank of Lithuania’s building in Panevėžys

Many of these buildings survived to this day and now house commercial banks. ... At the end of 1923, the Bank had 22 such branches in Lithuania.

Gold received from the Soviets

The fight for independence that lasted until 1920 turned out to be quite successful to Lithuania, as

From the history of Lithuanian numismatics

of Lithuania, introducing the decimal system. 10 denars comprised 1 grosz and this monetary unit was supposed ... Such records of the date of issue (year and month) are a unique phenomenon that disappeared in later

The first issue of banknotes in 1993

In accordance with the Litas Committee decision of 14 June 1993, litas and its subunit centas were issued

Soviet Union’s monetary reform of 1947

depleted due to the occupations and poverty rates were increasing, so a strict card system of rationed supply

The first paper money of the Polish-Lithuanian Commonwealth

Paper was only used to issue debit notes, not as a substitute for money. ... However, the circumstances surrounding this were quite sombre.

Fintech market leaders from around the world gather in Vilnius

“I am very pleased that in such a short period of time Lithuania has become the center of Fintech that ... The key to our success story is a common strategic and progressive approach and action at all levels

Seimas appoints Gediminas Šimkus as Chairman of the Board of the Bank of Lithuania

The strength of the Bank of Lithuania as an institution lies in its independent and apolitical nature supported ... Bank of Lithuania in 2002, as Economist at the Off-site Monitoring Division of the Credit Institutions Supervision

Researchers in economics awarded by the Bank of Lithuania

The submitted papers are assessed by a commission comprising scientists from the Bank of Lithuania’s

The history of Samogitian money

Such a method of issuing temporary money was also applied in occupied territories, Lithuania included ... occupied by Germans in 1915, may have had vouchers issued with a stamp of the Telšiai committee for the support

Bank of Lithuania’s Real Estate Conference in Kaunas: No real estate bubble, yet uncertainty lingers

to encourage house purchase in the regions can raise RE prices in areas deemed eligible for housing support ... ‘Housing price changes go hand in hand with wages, the RE market remains sufficiently liquid and poses

The world's first digital collector coin is under way

Aiming to create such a unique innovation in numismatics, we have to finish all the work in a timely

FinTech companies showed avid interest in the LBChain project

garnered significant attention among European FinTech companies: with 21 registrations from countries such ... garnered significant attention among European FinTech companies: with 21 registrations from countries such

European Cultural Days in Frankfurt to promote Lithuania

concerts of performers of classical music at Europe’s financial centre Frankfurt am Main at the end of summer ... concerts of performers of classical music at Europe’s financial centre Frankfurt am Main at the end of summer

New tours at the Money Museum

What names were suggested for the Lithuanian currency? What is depicted on interwar litas?  

Anniversary of the first mint in the Republic of Lithuania

Why was there a need for such a mint? ... The mintage process was to be supervised by the Supervisory Institution of Securities  Issuance of the

Secrets of the coin minting exposed at the Money Museum

They can be distinguished visually as well: counterfeit coins have a rather matt surface. .

31 March in the history of the Bank of Lithuania

monetary and financial system stability; it develops and improves international standards in banking supervision

Commemorative coin to promote a unique place in Lithuania – the Hill of Crosses

It survived the Soviet occupation thanks to the unbreakable spirit of our nation, and when the independence


1 October 1922, but in reality the exchange of litas started one day later because 1 October was a Sunday ... The banknotes of subsequent issues were printed to the designs of Adomas Galdikas.


These designs were submitted to the French company Francois Charles Oberthur that was supposed to print


which was used in the 14th–17th century to determine a vessel’s latitude from the angle between the sun

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