Bank of Lithuania takes next step in structural overhaul

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The Bank of Lithuania has unveiled a new banking service, representing the latest stage of a programme of structural reforms aimed at improving the efficiency of the central bank's operations.

The banking service is comprised of two units: one responsible for investment management and the other for payments services. The new units were formed after the restructuring of the market operations department, the payment systems department and the depositors' service division. "The new service will

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