Bank of Lithuania
2004-05-25

At the end of April 2004 broad money M2 made up LTL 18.0 billion. In the course of one month it increased by LTL 90.8 million, i.e. by 0.5 per cent.

Currency in circulation and demand deposits grew over one month by LTL 5.7 million (0.1%). Demand deposits increased by LTL 3.2 million (0.1%), of which deposits of non-financial undertakings declined by LTL 119.6 million, and demand deposits of natural persons and other institutions went up by LTL 57.5 million and LTL 65.4 million, respectively.

Litas time and savings deposits increased by LTL 78.3 million (2.0%). Such deposits of non-financial undertakings went up by LTL 39.9 million and natural persons by LTL 47.6 million. Deposits in foreign currencies decreased by LTL 3.6 million (0.1%), of which deposits of non-financial undertakings went down by LTL 94.6 million and deposits of natural persons increased by LTL 95.8 million.

Net foreign assets decreased in April by LTL 298.6 million (4.2%), of which foreign assets and foreign liabilities went up by LTL 63.2 million (0.5%) and LTL 361.8 million (6.3%), respectively.

Domestic credit increased by LTL 425.3 million (3.2%), of which net claims on the central government and mandatory social and health insurance funds declined by LTL 75.6 million (7.8%). Claims on the private sector and non-banking financial institutions increased by LTL 482.6 million (3.9%) and LTL 15.8 million (1.1%), respectively.

Banking Survey

(LTL million, end-of-period)
  03/2004 04/2004 Change
LTL million %
FOREIGN ASSETS (NET) 7,138.7 6,840.1 -298.6 -4.2
Foreign assets 12,856.9 12,920.2 63.2 0.5
Foreign liabilities 5,718.2 6,080.0 361.8 6.3
DOMESTIC CREDIT 13,382.6 13,807.9 425.3 3.2
Claims on central government and social security funds (net) -968.4 -1,044.0 -75.6 -7.8
Claims on local governments 372.7 374.2 1.5 0.4
Claims on nonfinancial public enterprises 100.5 101.4 0.9 0.9
Claims on private sector 12,412.2 12,894.8 482.6 3.9
Claims on nonbank financial institutions 1,465.7 1,481.5 15.8 1.1
MONEY 10,297.8 10,306.7 8.9 0.1
Currency in circulation 4,561.0 4,566.6 5.7 0.1
Demand deposits 5,736.9 5,740.1 3.2 0.1
QUASI-MONEY 7,651.1 7,733.0 81.9 1.1
Foreign currency deposits 3,677.2 3,680.8 3.6 0.1
Time and savings deposits 3,973.9 4,052.2 78.3 2.0
OTHER ITEMS (NET) 2,572.3 2,608.2 35.9 1.4

 

Notes


Banking Survey covers the Bank of Lithuania, deposit money banks, branches of foreign banks, credit unions as well as government accounts with IMF.