Financial Stability Department
The Financial Stability Department is part of the Economics and Financial Stability Service. Its obligation is to contribute to ensuring financial stability in Lithuania. The Department forms the Bank of Lithuania macroprudential policy and applies macroprudential tools to reduce systemic risks to the financial sector. For example, in using macroprudential policy measures, it seeks to ensure sustainable credit growth or prevent household over-indebtedness. On an annual basis, the Department prepares and publishes the Financial Stability Review, which provides an analytical assessment of Lithuania’s financial system. Particular attention is devoted to the situation in the domestic banking system and the financial health of its debtors – households and non-financial institutions. In order to receive valuable information used to carry out financial stability analysis, the Department conducts surveys of banks, enterprises and households. It is also responsible for financial institution resolution, payments market policy formation and oversight of payment systems.
Director – Simonas Krėpšta