Lithuania Offshore Bank Account

lithuania bank account

The information below provides details about the Lithuania banking system, and details on opening an Lithuania offshore bank account. You will find details on the governing body, as well as a list of local and international banks that operate in Lithuania.



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The Lithuania Banking System

The Bank of Lithuania is the central bank of the Republic of Lithuania. Its principal objective is to maintain price stability. In seeking its principal objective, the Bank of Lithuania is independent from the Government of the Republic of Lithuania or other institutions of the state.

The first private commercial banks in Lithuania were established in January 1989, while the central bank – Bank of Lithuania – was established a year later.  The reform of Lithuania’s state-owned banking sector was started in 1992, with the introduction of a standard two-tier banking system consisting of the central bank and the commercial banks. At present, the Bank of Lithuania has the exclusive right to grant and revoke licenses to local and foreign banks and to supervise their activities. The central bank also represents Lithuania in international banking institutions. (Lithuanian Development Agency; Bank of Lithuania)

List of banks currently operating in Lithuania;

Deposit Money Banks

Currently, 9 commercial banks holding a license from the Bank of Lithuania are operating in the country.

  • AB SEB bankas
  • AB bankas “Hansabankas”
  • AB DnB NORD bankas
  • AS Citadele Banka
  • AB Sampo bankas
  • AB Šiaulių bankas
  • AB Ūkio bankas
  • UAB Medicinos bankas

Foreign Banks Representative Offices

Currently, 5 foreign banks representative offices are operating in the country.

  • Balti Investeeringute Grupi Pank AS Representative Office
  • Representative office AB RIETUMU BANKA
  • Representative office AP Anlage & Privatbank AG
  • Representative office of Balkan Investment Bank AD Banja Luka
  • Representative office of Raiffeisen Bank Polska S.A.

Foreign Banks Branches

Currently, 6 foreign bank branches are operating in the country.

  • Allied Irish Banks, p.l.c. branch
  • AS “UniCredit Bank” Lithuania Branch
  • Bayerische Hypo – und Vereinsbank AG Vilniaus Branch
  • Balti Investeeringute Grupi Pank AS branch
  • MP Investment Bank hf. filialas Baltijos ðalyse
  • Nordea Bank Finland Plc Lietuvos Branch

Contact Us today to enquire about our offshore bank account opening services we offer.