ILTE Lietuva

ILTE Lietuva is Lithuania's national development bank, providing financing, guarantees, and co-investments to support businesses, public sector projects, municipalities, and agriculture, based in Vilnius, Lithuania. The institution manages a €1.4 billion portfolio and reported an authorized capital of €253,431,981 as of September 2025. It operates as a state-owned entity, with the Ministry of Finance of Lithuania as its sole shareholder, generating revenue through financial services, lending, and portfolio management. Key personnel include CEO Dainius Vilčinskas and Chief Business Development Officer Inga Beiliuniene. ILTE Lietuva was formed through the August 2023 merger of INVEGA, VIPA, VIVA, and ŽŪPGF, subsequently rebranding from INVEGA in September 2024 to offer expanded financial instruments. The organization was originally established in 2001 as UAB “Investicijų ir verslo garantijos.