ILTE

ILTE UAB is a National Promotional Bank established by the Government of Lithuania. The main objectives of the operations of ILTE are to provide financial services, implement and administer financial instruments.

ILTE's activities are focused on high-value-added projects, fostering national economic growth, encouraging innovation, promoting sustainability, enhancing energy efficiency, transforming agriculture, and strengthening competitiveness. Additionally, ILTE actively participates in infrastructure development and modernisation projects..

The main activities are:

• Providision of guarantees;
• Provision of loans directly or throught financial intermediaries;
• Development of Lithuanian private equity and venture capital market;
• Provision of grants when they are linked to a financial services being offered;
• Conducting of assessments of the need for promotional financing and revision of such assessments;
• Implementation of other statutory delegated functions.

ILTE most effectively employs the taxpayers' money: it assesses risks competently and focuses on projects that create wealth on the national scale.

ILTE is engaged in a wide range of activities – directing investments in areas of national importance, improving the business environment, and promoting sustainable financing and capital markets through financial instruments. It has already established a green finance institute, is contributing to industrial transformation, modernising public sector facilities and infrastructure, driving digitalisation, enhancing energy independence, and developing renewable energy sources.