Bank of Lithuania
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During an official meeting held today and tomorrow in Minsk, the governors of the Bank of Lithuania and the National Bank of the Republic of Belarus (NBRB) will discuss bilateral cooperation, economic development trends in the two neighbouring countries as well as issues related to the digitalisation of the banking sector.

One of the main topics to be covered at the meeting is the implementation of the EU Twinning Project, which was launched by a consortium of national central banks of Lithuania, Poland and Germany at the beginning of the year. Set to run for 18 months, the project aims to enhance the capacity of the NBRB to effectively pursue its core responsibilities in the field of financial stability, banking supervision, payment systems, financial consumer protection, and communication policy. The meeting agenda also includes discussions on what has been achieved so far as well as future plans.

Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania, and Raimondas Kuodis, Deputy Chair, will pay an official visit to Minsk on 31 May–1 June, reciprocating a visit to the Bank of Lithuania that the Belarusian delegation led by Pavel Kallaur, Chairman of the Board of the NBRB, made in 2017.

Technical cooperation between the central banks of Lithuania and Belarus has been maintained for more than a decade, prompting the exchange of best practices in internal audit, HR, performance management, financial market supervision, communication, etc. Commissioned by the NBRB, the Lithuanian Mint has been minting Belarusian collector coins since 2001; circulation coins currently used in the country were minted jointly by the Lithuanian Mint and the Kremnica Mint (Slovakia).