Central Banking

Bank of Lithuania sells majority share in CSD

bank-of-lithuania

The Bank of Lithuania on January 3 announced it had sold its majority holding of shares in the Central Securities Depository (CSD) of Lithuania. The 60% share was acquired by the Finnish company Nasdaq OMX Helsinki.

A spokesperson for the central bank says the decision was taken to make the sale because the "most important joint projects between the Bank of Lithuania and the Lithuanian CSD, which are directly related with the functions of the Bank of Lithuania, have been already implemented

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