The governing body of the Bank of Lithuania is its Board, which determines the bank's organisational structure, approves its mission, vision and strategic directions, as well as tackles other pressing issues. Activities at the Bank of Lithuania are organised by the Chair of the Board.
Three services, namely the Banking Service, the Economics and Financial Stability Service, and the Financial Market Supervision Service, and two departments, namely the Cash Department, and the Market Infrastructure Department, were set up to carry out the core functions of a central bank. Various departments and divisions work under the umbrella of these services and departments. The responsibility for maintenance and other important activities lies with the Organisation Service and other autonomous departments and divisions.
The main headquarters of the bank are located in the heart of Vilnius, the capital city; other units are located at Žirmūnų g. (Vilnius) and Maironio g. (Kaunas). The organisation employs approximately 600 staff members.
The Constitution of the Republic of Lithuania stipulates that the Bank of Lithuania belongs, by right of ownership, to the State of Lithuania. It was established by the Seimas, to which the Bank of Lithuania reports on its activities.
Bank of Lithuania organisational structure
- BOARD
- CEFER
- INTERNAL AUDIT DIVISION
- ECONOMICS DEPARTMENT
- FINANCIAL STABILITY DEPARTMENT
- MARKET OPERATIONS DEPARTMENT
- FINANCIAL SERVICES AND MARKETS SUPERVISION DEPARTMENT
- BANKING AND INSURANCE SUPERVISION DEPARTMENT
- LEGAL AND LICENSING DEPARTMENT
- MARKET INFRASTRUCTURE DEPARTMENT
- CASH DEPARTMENT
- IT DEPARTMENT
- DATA AND STATISTICS DEPARTMENT
- CORPORATE SERVICES DEPARTMENT
- STRATEGY AND GOVERNANCE DEPARTMENT