Central Banking

Bank of Lithuania launches new cash management service


The Bank of Lithuania today (September 3) launched a new cash management system in the country. The Cash Service is responsible for formulating the country's cash administration policy and will also be responsible for its implementation.

"After establishing this unit and performing the structural reorganisation of the bank's cash vault network by the end of the year, preconditions will be created for a more effective performance of the cash management function, ensuring a smooth provision of cas

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