Bank of Lithuania lures fintech firms with e-licensing tool

Lithuania
Bank of Lithuania

The Bank of Lithuania’s licensing has gone digital. From July 3, prospective banks have been able to apply through the central bank’s new e-licensing tool, offering easier access to smaller players.

“We hope it will further accelerate the authorisation process and ease the administrative burden for potential financial market participants,” says Vytautas Valvonis, director of the Supervision Service at the central bank.

Currently, the tool allows institutions to apply for two types of licences

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: