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Bank of Lithuania-Monetary Survey and Balance Sheet of other MFIs, December 2013

January 31, 2014

ENP Newswire - 31 January 2014 Release date- 29012014 - Over December 2013 the M3 broad monetary aggregate increased by LTL 1.5 million , while its annual growth rate was 4.8 per cent at the end of the month. A major impact on the increase in M3 came from an increase in overnight deposits ( LTL 1.4 billion ), currency in circulation ( LTL 95.1 million ), deposits with an agreed maturity of up to 2 years ( LTL 50.7 million ), and deposits redeemable at notice of up to 3 months ( LTL 6.1 million ); however M3 was reduced by a decrease in debt securities with a maturity of up to 2 years ( LTL 86.9 million ). Domestic credit decreased by LTL 421.0 million over the month as a result of a drop in credit to other residents by LTL 616.3 million and a rise in credit to general government by LTL 195.3 million . Over the month, monetary financial institutions' (MFI) net external assets went up by LTL 2.6 million and amounted to LTL 10.0 billion . 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 December 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 .


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Source: ENP Newswire


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