In August 2011, for the second consecutive month, lending by monetary financial institutions (MFIs) to resident households grew driven by increasing lending for house purchase and other lending. Although consumer loans decreased by LTL 4.1 million, they have been decreasing noticeably slower compared to previous periods. Euro loans dominated in lending to residents, excluding MFIs, structure by currency: at the end of the month they accounted for 69.2% of total loans. An increase in short- and mid-term deposits and debt securities led to a month-on-month increase in M3 monetary aggregate by LTL 373.1 million. MFIs’ net external assets grew in August by LTL 579.3 million to LTL 3.2 billion at the end of the month, remaining in the positive territory.
The above data was released by the Statistics Department of the Bank of Lithuania.
For more information on Monetary Survey and Balance Sheet of other MFIs see the Bank of Lithuania's Statistical release (54.1 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.