Over November 21013 the net external assets of monetary financial institutions (MFIs) grew by LTL 411.1 million and amounted to LTL 10.1 billion. The M3 broad monetary aggregate increased by LTL 227.9 million over the month, and its annual growth rate was 3.8 per cent at the end of the month. Major impact on the increase in M3 came from an increase in overnight deposits (LTL 359.5 million), currency in circulation (LTL 37.7 million) and deposits redeemable at notice of up to 3 months (LTL 23.0 million), however M3 was reduced by a decrease in deposits with an agreed maturity of up to 2 years (LTL 178.9 million) and debt securities with a maturity of up to 2 years (LTL 13.3 million). Domestic credit grew by LTL 106.6 million over the month as a result of an increase in credit to other residents by LTL 146.8 million and a drop in credit to general government by LTL 40.2 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 69.3 per cent (at the end of November 2013), with the respective increase in the share of lending 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 (73.9 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.