Deposits of non-financial corporations posted the strongest growth over the last decade
Lithuania’s financial accounts for Q2 2020
At the end of the second quarter of 2020, deposits of non-financial corporations accounted for €8.3 billion, with their annual growth rate reaching 27%. It is the highest rate observed over the last 10 years.
At the same time, loans received by non-financial corporations amounted to €17.1 billion, a year-on-year decrease of 5.6% (the largest drop since 2011). Over the second quarter of 2020, loans shrank by €1.3 billion.
Domestic loans declined at the most rapid pace, reaching 9.4% on a year-on-year basis, to stand at €13.2 billion. External loans increased by 9.8% over a year, and at the end of the second quarter accounted for €3.8 billion.
Detailed Q2 2020 data on financial assets and liabilities of non-financial corporations as well as other sectors is available on the Bank of Lithuania website (under Financial accounts statistics, Debt indicators of institutional sectors and Financial assets and liabilities of households).