Bank of Lithuania
2013-08-29

In July 2013 the monetary financial institutions’ (MFI) net external assets increased by LTL 963.3 million and amounted to LTL 9.8 billion. Over the month, M3 broad monetary aggregate increased by LTL 303.3 million, and its annual growth rate at the end of the month was 4.5 per cent. The major impact on the increase in M3 came from a rise in overnight deposits (LTL 326.8 million) and in currency in circulation (LTL 41.2 million), but this rise was reduced by a drop in debt securities with a maturity of up to 2 years and in deposits with an agreed maturity of up to 2 years (LTL 34.4 million and LTL 30.3 million respectively). In July, domestic credit shrank by LTL 280.6 million as a result of a decline in credit to other residents of LTL 463.4 million and a rise in credit to general government of LTL 182.8 million. The share of other MFIs’ lending to households in euro was declining steadily — from 73.2 per cent (at the end of December 2011) to 69.9 per cent (at the end of July 2013), with the respective increase in the share of loans in litas.

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 Statistical release (229.1 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.