Investment Management Department
The Investment Management Department is part of the Banking Service. It actively invests Bank of Lithuania financial assets, which consist of nearly 6 tonnes of gold as well as investment in euro and foreign currency. Return on investment is used to finance Bank of Lithuania activities and make risk provisions; 70% of the average profit earned over the three-year period is transferred to the State Budget. The department also invests part of the foreign reserve assets of the European Central Bank (ECB). In managing financial assets and ECB reserves, it concludes transactions and cooperates with foreign financial and credit institutions. Seeking to maximise return on investment, the department is on constant lookout for new investment strategies and initiates implementation of new financial instruments and expansion of investment geography.
Director – Saulius Galatiltis