The Bank of Lithuania published the monetary financial institution (MFI) balance sheet and interest rate data for August 2022, which show that:
loans granted by credit institutions to Lithuanian residents increased by €658.9 million, or 2.6%, over the month (their annual growth rate stood at 16.8%). Loans to Lithuanian non-financial corporations rose by €476.8 million, or 5.0%, and those to households by €145.4 million, or 1.1% (their annual growth rate stood at 19.9% and 12.0% respectively). Loans to the financial sector grew by €39.3 million, while those to general government declined by €2.6 million. At the end of August 2022, loans to these sectors amounted to €10.1 billion, €13.3 billion, €1.9 billion and €330.9 million respectively;
loans to Lithuanian households for house purchase, consumption and other purposes granted by credit institutions increased by €110.9 million, €17.9 million and €16.6 million over the month, to €11.0 billion, €901.2 million and €1.3 billion respectively;
deposits of Lithuanian residents with credit institutions rose by €600.8 million, or 1.8%, over the month (their annual growth rate was 4.7%). Non-financial corporation deposits went up by €475.6 million, or 5.3%, and their annual growth rate was negative (-0.1%). Household deposits grew by €38.2 million, or 0.2%, and their annual growth rate was positive (3.7%). Financial sector and general government deposits increased by €161.8 million and €1.7 million respectively over the month and amounted to €1.1 billion and €3.7 billion respectively. At the end of August 2022, non-financial corporation and household deposits amounted to €9.5 billion and €20.3 billion respectively;
overnight deposits of non-financial corporations with credit institutions grew by €475.6 million, while those of households contracted by €21.0 million over the month, to stand at €9.2 billion and €16.6 billion respectively;
interest rates on new business of loans granted to households by credit institutions went up by 0.21 percentage point to 4.15%. Interest rates on loans for house purchase, consumption and other purposes rose by 0.28 percentage point, 0.02 percentage point and 0.64 percentage point respectively. In August 2022, interest rates on these loans comprised 2.74%, 8.94% and 5.92% respectively.
