In 1924, an international competition for the design of the Bank House was launched. The first prize was awarded to an architect from Paris (last name unknown), but his design was very complex and expensive. Therefore, the design was entrusted to M. Songaila, the only Lithuanian professor of architecture at the time and the chairman of the jury commission. The technical supervision of the construction was carried out by engineer F. Vizbaras. Construction was completed in 1928. [...] On the corner part of the third attic floor and on the Maironio Street side, there was an apartment for Prime Minister A. Voldemars with a library, an office and rooms for official receptions, the K. Donelaičis Street wing contained the apartments of the bank managers. A "garden" was built on the roof terrace surrounding the large triangular skylight of the operations room. In the basement below the operations room, there are safes with special control corridors and cameras (the security system was installed by an English firm). The palace is equipped with mechanical heating, irrigation and electric lifts. The courtyard wing was used for staff apartments, with garages on the ground floor and domestic quarters in the basement.

After the Second World War, the Kaunas branch of the State Bank was located here. It is now the Bank of Lithuania again. [...] The luxurious interiors of the bank use natural and artificial marble, granite, plastic and pictorial decoration (by artists P. Kalpokas, V. Didžiokas, O. Dubeneckienė-Kalpokienė, J. Janulis), furniture of various styles, the most valuable of which are the ornate chandeliers and chandeliers (monuments of local art of local importance). The geometric patterns of the floor of the lobby and the operating theatre are made of greyish metlachian tiles, while elsewhere, the floor is parquet. The side staircase was decorated with ornamental stained glass (by S. Ušinskas), which has not survived. The walls of the lobby are covered with black, yellowish and brown natural and artificial marble (the artificial marble was made by the master craftsman J. Dubovskis), pairs of black marble Ionic columns divide the stairs of grey Swedish granite, and the coffered ceiling is decorated with rosettes (a similar decoration is repeated on the ceiling of the cooler).