Central Banking

Lithuania continues restructure of operations


The Bank of Lithuania today (February 24) unveiled the latest step in its structural reform, announcing the intention to optimise operations by concentrating its key functions within specialised services and an overhaul of its network of vaults.

The central bank has been working to achieve higher operating efficiency at a lower cost. The latest concept is to establish four specialised services, which will carry out core operations. These will be the Economic and Financial Stability division, the

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