2012-11-29
In October 2012, the net external assets of monetary financial institutions (MFIs) grew by LTL 317.2 million— to LTL 10.5 billion, the highest volume in the period of the re-establishment of independence. Broad monetary aggregate M3 grew by LTL 784.5 million over the month, and its annual growth rate accelerated from 13.3 per cent to 14.7per cent towards the end of the month. The increase in M3 was driven mainly by an increase in overnight deposits of LTL 1.2 billion. Domestic credit increased by LTL 610.9 million over the month as a result of an increase in credit to other residents, while over the year it grew by LTL 1.0 billion. The share of other MFIs’ loans to households denominated in euros declined gradually from 73.2 per cent (at the end of December 2011) to 71.4 per cent (at the end of October this year), with the respective increase in the share of loans denominated 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's Statistical release (196.1 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.