Deposits of Lithuanian residents with credit institutions increased by €1.1 billion, or 3.1% over the month (the annual growth rate stood at 6.3%). Deposits of non-financial corporations and households increased by €457.2 million and €297.0 million, or by 4.8% and 1.5% respectively over the month (their annual growth rates were 4.8% and 3.5% respectively). General government deposits went up by €409.4 million, while those of the financial sector decreased by €68.3 million over October to €4.3 billion and €928.1 million respectively at the end of the month. At the end of October 2022, non-financial corporation and household deposits amounted to €9.9 billion and €20.7 billion respectively;
Overnight deposits from Lithuanian households and non-financial corporations with credit institutions increased by €460.8 million and €292.2 million respectively over the month, to €9.5 billion and €17.1 billion respectively;
Loans granted by credit institutions to Lithuanian residents increased by €89.9 million, or 0.3% over the month (the annual growth rate stood at 15.9%). Loans to Lithuanian households rose by €97.4 million, or 0.7%, and those to non-financial corporations decreased by €45.5 million, or 0.4% over the month (their annual growth rates stood at 12.3% and 17.8% respectively). Loans to the financial and general government sectors augmented by €33.6 million and €4.4 million respectively. At the end of October 2022, loans to these sectors amounted to €13.5 billion, €10.2 billion, €2.0 billion and €332.7 million respectively;
Loans for house purchases and consumption granted by credit institutions to Lithuanian households increased by €98.9 million and €5.7 million respectively over the month, while loans for other purposes decreased by €7.2 million – to €11.3 billion, €921.0 million and €1.3 billion respectively;
Interest rates on new business of loans granted to households by credit institutions went up by 0.24 percentage point to 4.88%. Interest rates on loans for house purchase rose by 0.38 percentage point, while those on loans for consumption and other purposes fell by 0.02 percentage point and 0.78 percentage point respectively. In October 2022, interest rates on these loans comprised 3.84%, 8.94% and 4.82% respectively.
