Bank SEB has launched two test cash machines issuing euro banknotes. It is one of the steps made by the bank in order to prepare for the introduction of the new currency.
© DELFI / Šarūnas Mažeika

The bank says it is currently implementing necessary changes in its entire cash machine network across Lithuania.

"Seeking to become well prepared for the currency change, we decided to make the necessary changes in two cash dispensers so that they issue euro notes prior to 1 January. We can monitor how the system operates and effectively prepare for the moment when all cash dispensers have to issue euros," said Virginijus Doveika, vice-president and head of Retail Banking Division at SEB.

It is forbidden to copy the text of this publication without a written permission from ELTA.

Vasiliauskas calls on MPs to turn to ECB over banking tax

Vitas Vasiliauskas , board chairman of the central Bank of Lithuania , has called on lawmakers to...

Fake or true: your coffee might contain grounded cockroaches (1)

In past months some global media shocked their readers by claiming that grounded coffee might...

Nauseda: state bank shouldn’t be taboo

The existing situation in the Lithuanian banking market makes one to start thinking about the...

Lithuania not considering 'century bond' yet

The Lithuanian Foreign Ministry sees no need for issuing ultra-long debt yet, but might consider...

Cabinet backs retail and bank taxes

The Lithuanian Cabinet on Wednesday backed in principle new taxes on bank assets and retail...