The growth rate of annual M3 has accelerated gradually in recent six months to reach this year’s record heights of 9.5% in September 2011. At the end of the month, MFIs’ external assets were by LTL 5.3 billion ahead of their external liabilities. Other MFIs’ lending to resident households kept growing for the third consecutive month. Euro loans dominated in the structure of lending to residents, excluding MFIs: at the end of the month they accounted for 68.8% of total loans. The increase in overnight deposits, currency in circulation, and debt securities led to a month-on-month increase in M3 monetary aggregate by LTL 369.7 million.
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 (650.2 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.