- An increase of 901.6 million lats or 45.4% in foreign assets, mostly on account of an expansion of funds deposited by the Latvian government as a result of the European Commission loan and the interventions by purchasing foreign currency.
- A decrease of 5.1 million lats or 29.6% in foreign liabilities, mostly on account of a reduction in the funds deposited by the European Commission.
- A decrease of 2.6 million lats or 0.9% in domestic assets, following a 3.9 million lats fall in loans granted to credit institutions.
- A rise of 887.1 million lats or 72.2% in domestic liabilities as a result of a 911.3 million lats increase and 30.0 million lats decrease in the respective balances of the government funds and credit institutions' funds with the Bank of Latvia.
- On the liabilities side of the balance sheet, the amount of lats in circulation increased by 8.6 million lats or 1.1% mainly due to the above changes.
- An increase of 8.3 million lats in the capital and reserves on account of the net interest income and the realised gains from financial instruments.
Vilnis Purvins
Deputy Head of Macroeconomic Analysis Division
Monetary Policy Department
Bank of Latvia