Bank of Lithuania publishes January 2025 MFI balance-sheet and interest-rate data with household deposits down EUR 630.8 million and household loan rates falling to 5.57%

The Bank of Lithuania released monetary financial institution (MFI) balance-sheet and MFI interest-rate statistics for January 2025, showing a monthly contraction in household deposits alongside continued growth in lending to households and non-financial corporations. Interest rates on new household deposits and loans declined over the month, while new lending rates to non-financial corporations increased. Transaction-adjusted deposits of Lithuanian residents (excluding MFIs) with credit institutions fell by EUR 264.0 million (0.6%) over the month, with household deposits down EUR 630.8 million (2.5%) to EUR 25.1 billion and non-financial corporation deposits up EUR 32.9 million (0.3%) to EUR 11.0 billion. Overnight deposits declined by EUR 701.0 million for households and EUR 12.0 million for non-financial corporations, while deposits with agreed maturity rose by EUR 73.9 million and EUR 43.0 million respectively. On the asset side, loans to Lithuanian residents increased by EUR 185.2 million (0.6%) to EUR 28.3 billion, reflecting growth in loans to households (up EUR 143.1 million, 0.9%) and non-financial corporations (up EUR 41.2 million, 0.3%); household consumption lending rose 2.4% over the month. Weighted interest rates on new business fell to 5.57% for household loans (4.35% for house purchase and 8.84% for consumption) and to 2.46% for household deposits with agreed maturity, while rates on new business loans to non-financial corporations rose to 5.63% and rates on new business non-financial corporation deposits with agreed maturity fell to 2.56%.