Bank of Lithuania

Over September 2013 the net external assets of monetary financial institutions (MFI) grew by LTL 163.0 million and amounted to LTL 9.8 billion. Domestic credit grew by LTL 291.2 million over the month as a result of an increase in credit to other residents by LTL 332.3 million and a drop in credit to general government by LTL 41.2 million. The M3 broad monetary aggregate decreased by LTL 71.3 million over the month, and its annual growth rate at the end of the month was 4.5 per cent. Major impact on the decrease in M3 came from a decline in deposits with agreed maturity of up to 2 years (LTL 69.9 million), currency in circulation (LTL 67.1 million) and debt securities with a maturity of up to 2 years (LTL 49.3 million); however, M3 boosted on account of an increase in overnight deposits (LTL 110.2 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 69.6 per cent (at the end of September 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. Comprehensive data is presented on the website of the Bank of Lithuania.