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News Archive
17/03/2005

Reinoldijus Sarkinas, Chairman of the Board of the Bank of Lithuania, awarded the title of Partnership Leader

Reinoldijus Sarkinas, Chairman of the Board of the Bank of Lithuania, has been awarded the title of Partnership Leader 2004 by the International Chamber of Commerce Lietuva (ICC Lietuva).

The award ceremony was held on 17 March in Vilnius during the international conference entitled “ICC - the World Business Organisation. Its Role in the Development of International Business”.

In his response Mr Sarkinas noted that the award represented an assessment of the work done by the Board and the staff of the Bank of Lithuania. In a brief review of the Bank of Lithuania work he mentioned the start of participation in ERM II last year, the entry into operation of the new payment system LITAS and highly qualified banking supervision of domestic credit institutions.

Mr Sarkinas also spoke about the wide-ranging preparations of the Bank of Lithuania for the adoption of the euro and noted that, according to the recent surveys, the majority of the businesses supported the adoption of the single currency and had sufficient information on the subject.

Other speakers at the conference included Ms Maria Livanos Cattaui, Secretary General of the World Business Organisation, other foreign visitors and business representatives from Lithuania.

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