Bank of Lithuania

In light of the mission, vision and values of the Bank of Lithuania, the Board of the Bank of Lithuania identified strategic directions for the upcoming four-year period (2022–2025). Specific objectives were set for each strategic direction. Our strategic directions are as follows:

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1) Value (a financial sector that generates value for consumers)

We intend to:

  • Enhance the quality and accessibility of financial services and inclusion of different social groups as well as achieve the integrity of the financial services market 
  • Increase the spread and accessibility of payment instruments
  • Increase the maturity of new market participants and conformity of products 
  • Improve economic and financial literacy of the general public 
  • Strengthen Lithuania’s long-term economic analytics
  • Boost competition of Lithuania’s financial sector and promote sustainable and innovative market development

2) Sustainability (a financial sector that promotes sustainable economic development)

We intend to:

  • Manage and mitigate climate risks
  • Ensure sustainable activities of the Bank of Lithuania

3) Progress (a progress-oriented organisation)

We intend to:

  • Increase the maturity of data management
  • Digitalize the processes and services of the Bank of Lithuania
  • Strengthen the resilience of the financial system to internal and external shocks
  • Be among the three most efficient central banks in the Nordic-Baltic region
  • Develop competences and talents relevant (necessary) to the Bank of Lithuania
  • Strengthen the representation of the Bank of Lithuania at the EU and international levels

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Last update: 14-01-2022