Skip to main content

Lithuanians pick World Bank to manage portion of assets

Bank of Lithuania chooses the World Bank to manage $300m of its assets

bank-of-lithuania
Bank of Lithuania

Lithuania's central bank has chosen the World Bank to manage $300 million of its assets – the first time it has awarded an asset management mandate to any external organisation.

The fund managed represents about 7% of the Bank of Lithuania's total assets "not related to monetary policy operations", the Bank of Lithuania said in an official statement.

It took the step "due to the extraordinary low (or negative) interest rate environment", Marijus Kalesinskas, director of the bank‘s Investment

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

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

Iniciar sesión
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

.