24 February 2018
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Latest articles for Bank of Lithuania


The Bank of Lithuania picks SIA to access pan-European instant payments

11 January 2018  |  2545 views  |  0 Company announcement

The Bank of Lithuania, the Central Bank of the country, has selected SIA to access RT1, the pan-European instant payments infrastructure that is operative as of 21 November 2017.


Bank of Lithuania off the mark with instant payments

21 November 2017  |  2884 views  |  0 Company announcement

The Bank of Lithuania has expanded the capacities of its CENTROlink payment system to become one of the first locations in Europe where payment service providers can offer instant payments to their clients.


Singaporean EFT startup picks fintech-friendly Lithuania as European base

29 September 2017  |  9799 views  |  0 News

Lithuania's efforts to establish itself as an EU-friendly destination for global fintech firms has received a boost with news that Singapore's cross-border payments outfit InstaReM has chosen Vilnius as its base for a push into Europe.


Lithuania plans regulatory sandbox

07 August 2017  |  11910 views  |  0 News

Lithuania is bolstering its credentials as an EU-friendly destination for Brexit startup refugees with the proposed opening of a regulatory sandbox for aspiring firms to test their products ahead of commercial roll out.


Regulators grant license to Lithuanian branch of Hong Kong fintech company

29 March 2017  |  4842 views  |  0 Company announcement

On 29 March, 2017, the Bank of Lithuania granted a non-restricted Electronic Money Institution (EMI) license to IBS Lithuania, the European branch of Hong Kong-based Fintech company - International Business Settlement Holdings Limited.


Bank of Lithuania promises fastest financial institution license for FinTech companies in EU

06 December 2016  |  7167 views  |  0 Company announcement

The Central Bank of Lithuania has made an unprecedented promise to FinTech companies by announcing it will provide preliminary answers to financial institution licence enquiries within one week, the fastest turnaround in the EU.


Lithuania makes a pitch for post-Brexit UK fintech firms

02 December 2016  |  10298 views  |  0 News

Lithuania is looking to become the destination of choice for UK fintech firms seeking EU passporting rights in post-Brexit Britain.


Bank of Lithuania joins EBA Clearing Step2 platform

10 December 2015  |  1705 views  |  0 Company announcement

EBA CLEARING announced today that Lietuvos Bankas, the Lithuanian central bank, joined the pan-European euro retail payment system STEP2 as a direct participant on 7th December 2015 with a view to extending full SEPA reach to the local banking community.

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