Bank of Lithuania
2018-01-16
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The Board of the Bank of Lithuania decided to issue a license of an electronic money institution and approved the issue dates for new collector coins.

Licences of an electronic money institution issued 

The Board of the Bank of Lithuania decided to issue a license of an electronic money institution to UAB ConnectPay and Transactive Systems, UAB. These licences grant the companies the right to issue electronic money, carry out payment transactions, including in those cases when the funds to a payment services user have been granted using a credit line, also the right to issue payment instruments. In addition, the licence of an electronic money institution of GlobalNetint, UAB has been supplemented: from now on, the company will be able to carry out payment transactions, including transfer of funds on a payment account opened with the institution of a payment service user‘s payment service provider or of another payment service provider.  

New collector coins to be issued  

The Board of the Bank of Lithuania approved the issue date for the 2 euro commemorative coin dedicated to the 100th Anniversary of the Restoration of Lithuania’s Independence: the coin will become legal tender and will be issued into circulation on 31 January 2018. This 2 euro commemorative coin is unique in that it is being issued jointly with the central banks of Estonia and Lithuania and the design for the national side (obverse) of the coins of all the three states is common. The mintage of the 2 euro coin is one million, of which 10 thousand – of a higher (BU) quality: 5,000 pcs in a numismatic package and 5,000 pcs of circulation euro coins in a numismatic package, together with 1 euro cent, 2, 5, 10, 20 and 50 euro cents, 1 euro and 2 euro circulation coins with the Lithuanian national side of the 2018 issue.

     
The Board also approved of the issue of collector euro coins dedicated to the 100th Anniversary of the Restoration of Lithuania’s Independence. A 50 euro gold coin dedicated to Signatories, a 20 euro silver coin dedicated to the Legal System, a 10 euro silver coin dedicated to Armed Forces and Militarised Organisations  and a 5 euro silver coin dedicated to Diplomacy will be issued on 13 February 2018. The mintage of the coins – 4,000 pcs of each, quality – the highest (proof).  


The Board of the Bank of Lithuania also approved the standard 20 euro collector silver coin dedicated to the 150th Birth Anniversary of Vilhelmas Storosta-Vydūnas. This coin will be declared legal tender and issued into circulation on 22 March 2018. Its quality – proof, mintage – 2,500 pcs.