deposits of Lithuanian residents with credit institutions grew1 by €292.7 million over the month, whereas since March 2020 (since the beginning of the COVID-19 pandemic) the recorded growth is €7.2 billion. Deposits of households2 and non-financial corporations have increased by €326.6 million and €170.8 million respectively over the month, however, financial3 and general government sector deposits have decreased by €115.8 million and €88.9 million respectively. Household, non-financial corporation, general government and financial sector deposits have increased by €4.2 billion, €2.8 billion, €181.3 million and €62.6 million respectively since March 2020. At the end of June 2021, deposits of these sectors amounted to €19.2 billion, €9.4 billion, €2.9 billion and €872.7 million respectively
overnight deposits of Lithuanian households and non-financial corporations with credit institutions grew by €336.2 million and €155.5 million respectively over the month, to €14.9 billion and €9.1 billion respectively;
loans granted by credit institutions to Lithuanian residents increased by €104.5 million over the month and by €298.2 million compared to March 2020. Loans to Lithuanian households and the financial sector grew by €131.2 million and €38.1 million respectively over the month, while loans to non-financial corporations and general government reduced by €63.7 million and €1.0 million respectively. Compared to March 2020, loans to households and the financial sector grew by €1.1 billion and €71.9 million respectively, while loans to non-financial corporations and general government reduced by €876.6 million and €20.2 million respectively. At the end of June 2021, loans to these sectors amounted to €11.6 billion, €1.2 billion, €7.6 billion and €333.9 million respectively;
loans for house purchase, consumption and other purposes granted to Lithuanian households by credit institutions increased by €103.8 million, €11.7 million and €15.7 million respectively over the month, to €9.7 billion, €733.6 million and €1.2 billion respectively;
interest rates on new business loans granted to households by credit institutions went down by 0.01 percentage point over the month, to 3.33%. Interest rates on loans for other purposes declined by 0.27 percentage point, while those on loans for consumption and house purchase rose by 0.14 and 0.01 percentage point respectively. In June 2021, interest rates on these loans comprised 4.78%, 8.80% and 2.21% respectively.
