Investment Management Department
The Investment Management Department is part of the Banking Service. It actively invests Bank of Lithuania financial assets, consisting of nearly 6 tonnes of gold and investment in euro and foreign currency. Return on investment is used to finance Bank of Lithuania activities and make risk provisions; 70 per cent of the average profit earned over the three-year period is transferred to the State Budget for public needs. 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 the implementation of new financial instruments and expansion of investment geography.
Director – Saulius Galatiltis