ENP Newswire - 28 February 2014
Release date- 27022014 - Over January 2014 the net external assets of monetary financial institutions (MFI) increased by LTL 1.4 billion and amounted to LTL 11.5 billion.
The M3 broad monetary aggregate decreased by LTL 774.0 million over the month, and its annual growth rate was 5.8 per cent at the end of the month. A major impact on the decrease in M3 came from a decline in overnight deposits (LTL 461.8 million), currency in circulation (263.1 million), deposits with an agreed maturity of up to 2 years (LTL 105.0 million) and deposits redeemable at notice of up to 3 months (LTL 15.1 million), while an increase in debt securities with a maturity of up to 2 years (LTL 71.0 million) boosted M3. Domestic credit grew by LTL 84.1 million over the month as a result of an increase in credit to general government by LTL 209.4 million and a drop in credit to other residents by LTL 125.3 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 69.2 per cent (at the end of January 2014), 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.