This decrease was due to a drop of 230.6 million litas in credit to other residents, while credit to general government hiked by 66.8 million litas. Other MFIs' lending to non-financial corporations and general government decreased respectively by 318.7 million litas and 124.5 million litas, while loans to financial intermediaries and households increased by 88.3 million litas and 24.3 million litas, respectively. Loans to households increased due to an 36.5 million litas increase in loans for house purchase, but consumer loans and other loans decreased by 2.8 million litas and 9.4 million litas, respectively.
In terms of lending composition by currency, it can be seen that other MFIs' loans to all residents in euro dominated: at the end of March they accounted for 67.2%, loans in litas – 30.6%. Such differences in lending by currency emerged due to the composition of other MFIs' loans to non-financial corporations and households. By the end of March other MFIs' lending to non-financial corporations in euros accounted for 70.9%, while lending in litas accounted for 25.4%. Other MFIs' loans to households in euro accounted for 69.2%, while lending in litas – 29.9%.
The share of other MFIs' loans to all residents in euro expanded by 0.2 percentage points, while the share in litas shrank to the same extent over the month. Since the end of December 2011 the share of other MFIs' loans to households in litas has expanded by 4.3 percentage points, while the share in euro contracted by 4.0 percentage points.
In March 2014 MFIs' longer-term financial liabilities decreased by 192.3 million litas, as a result of a drop in capital and reserves (166.4 million litas) and in deposits with an agreed maturity of over two years (22.7 million litas) as well as in debt securities with a maturity of over two years (3.2 million litas). Central government's deposits contracted by 348.2 million litas over the month: deposits held with the Bank of Lithuania contracted by 368.2 million litas, with other MFIs – they grew by 20.0 million litas.
