2002-06-25
At the end of May 2002 broad money M2 made up LTL 12,958.5 million.Over one month it increased by LTL 47.6 million, of which currency in circulation went up by LTL 113.4 million, demand deposits remained relatively unchanged, time and savings deposits increased by LTL 78.5 million, and foreign currency deposits shrank by LTL 145.5 million.
Net foreign assets went up in May by LTL 1,246.0 million, while domestic credit declined by LTL 1,117.0 million, of which net claims on the central government and mandatory social and health insurance funds went down by LTL 1,200.4 million, while claims on the private sector increased by LTL 77.1 million.The main reason behind the increase of net foreign assets and the decline of net claims on the central government and mandatory social and health insurance funds was the inflows from EUR 400 million ten-year Eurobond placement into central government accounts at the Bank of Lithuania in May.
|
Banking survey |
April 2002 | May
2002 |
change | change, % |
|
(LTL million, end-of-period) |
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|
Foreign assets (NET) |
6,267.2 | 7,513.2 | 1,246.0 | 19.9 |
|
Foreign assets |
9,400.2 | 10,556.0 | 1,155.8 | 12.3 |
|
Foreign liabilities |
3,133.1 | 3,042.9 | -90.2 | -2.9 |
|
Domestic credit |
7,811.0 | 6,693.9 | -1,117.0 | -14.3 |
|
Claims on the central government and mandatory social and health insurance funds (net) |
779.8 | -420.6 | -1,200.4 | |
|
Claims on local governments |
242.9 | 242.1 | -0.8 | -0.3 |
|
Claims on non-financial public enterprises |
190.4 | 194.7 | 4.4 | 2.3 |
|
Claims on the private sector |
5,748.5 | 5,825.6 | 77.1 | 1.3 |
|
Claims to non-bank financial institutions |
849.4 | 852.1 | 2.7 | 0.3 |
|
Money |
6,563.7 | 6,678.3 | 114.6 | 1.7 |
|
Currency in circulation |
2,824.5 | 2,937.9 | 113.4 | 4.0 |
|
Demand deposits |
3,739.2 | 3,740.5 | 1.2 | 0.0 |
|
Quasi-money |
6,347.1 | 6,280.1 | -67.0 | -1.1 |
|
Foreign currency deposits |
4,121.8 | 3,976.3 | -145.5 | -3.5 |
|
Time and savings deposits |
2,225.3 | 2,303.8 | 78.5 | 3.5 |
|
Other items (net) |
1,167.3 | 1,248.6 | 81.4 | 7.0 |
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Notes
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The Banking Survey includes the data of the Bank of Lithuania, commercial banks, foreign bank branches and credit unions, and the Government accounts with the International Monetary Fund. |
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