Open Banking is a system based on application programming interface (API) and intended for sharing financial information necessary for the development of financial products and services. Contrary to the conventional centralised management of financial data, Open Banking relies on a technological network of different financial institutions, enabling them to exchange information more efficiently.
In November 2018, the Bank of Lithuania launched a public consultation on Open Banking. Banks and FinTech companies operating in Lithuania as well as foreign market participants were active in giving rich and diverse feedback and suggestions. After the public consultation it was decided to develop a financial sector API register, while a working group of the Payments Council is further exploring the possibilities of the development of Open Banking.
Chaired by the Bank of Lithuania, the Payments Council Working Group on Development of Open Banking comprises the representatives of consumers, FinTech companies, banks and the Ministry of Finance of the Republic of Lithuania. The Working Group will present its proposals on development of Open Banking to the Payments Council on 2020.
Financial sector API register
Below is a list of Lithuania’s financial sector APIs.
If you wish the link to your API environment to be included in or excluded from this list, or if you have any other questions related to the API register, please contact us at [email protected].
The list is compiled for information purposes only. The Bank of Lithuania is in no way responsible or liable for the information provided in the given links. The list in itself does not constitute a recommendation or proposal of the Bank of Lithuania to opt for any specific service provider. The Bank of Lithuania reserves the right to adjust or delete the API register at its discretion, without prior notice.
|Banks authorised in the Republic of Lithuania|
|AB SEB bankas||https://developer.baltics.sebgroup.com/ob/apis|
|Akcinė bendrovė Šiaulių bankas||https://openbanking.siauliubankas.lt|
|Uždaroji akcinė bendrovė Medicinos bankas||https://developers.medbank.lt|
|Foreign bank branches|
|Luminor Bank AS Lithuania branch||https://developer.luminoropenbanking.com|
|Svenska Handelsbanken AB Lithuania branch||https://developer.handelsbanken.com|
|Lietuvos centrinė kredito unija||https://developers.i-unija.lt|
|Payment institutions holding a payment institution licence|
|Neo Finance, AB||https://www.paskoluklubas.lt/puslapis/27/developer|
|Revolut Payments UAB||https://revolut-engineering.github.io/oba|
|UAB "Seven Seas Europe"||https://psd2.sevenseasfinance.com/docs|
|"Paysera LT", UAB||https://developers.paysera.com|