Bank of Lithuania

Bank of Lithuania
Lietuvos bankas (in Lithuanian)
Head office in Vilnius, former seat of Vilnius Land Bank
Head office in Vilnius,
former seat of Vilnius Land Bank
HeadquartersVilnius
Coordinates54°41′10″N 25°17′00″E / 54.68611°N 25.28333°E / 54.68611; 25.28333
Established27 September 1922 (1922-09-27)[1]
Ownership100% state ownership[2]
ChairmanGediminas Šimkus
Central bank ofLithuania
Reserves$1.310 billion[2]
Websitelb.lt

The Bank of Lithuania (Lithuanian: Lietuvos bankas) is the Lithuanian member of the Eurosystem and has been the monetary authority for Lithuania from 1922 to 2014, albeit with a long suspension between 1940 and 1993. It issued the Lithuanian litas between 1922 and 1940, the Lithuanian talonas in 1991-1993,[citation needed] then a second litas from 1993 to 2014. Since 2015, it has also been Lithuania's national competent authority within European Banking Supervision.[3]

  1. ^ Cite error: The named reference lb-history was invoked but never defined (see the help page).
  2. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  3. ^ "National supervisors". ECB Banking Supervision.