On 26 May 2017, Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania, and Marius Jurgilas, Member of the Board, at the meeting with Andy Lim, Honorary Consul of Lithuania in Singapore, will discuss possible cooperation in the field of new financial technologies for businesses and residents.
The guest will also discuss possible cooperation issues with members of the Government, and will attend a seminar on export possibilities, including the provision of modern payment services in Singapore.
Providing a favourable regulatory and supervisory environment for financial services provision activity, as well as promoting financial sector innovations is one of the strategic directions for the activities of the Bank of Lithuania in 2017–2020. Jointly with other institutions in the country, the Bank of Lithuania aims at Lithuania becoming a FinTech centre in the Nordic-Baltic region.