- A decrease of 38.7 million lats or 1.2% in foreign assets as the Bank of Latvia sold foreign currency, whereas the increase in the amount of the funds deposited by the Latvian government, together with income from the valuation difference of the debt securities and financial instruments, had an increasing effect on foreign assets.
- A rise of 177.8 million lats or 4.8 times in domestic assets following a 177.9 million lats increase in loans granted to credit institutions.
- A rise of 14.2 million lats or 0.8% in domestic liabilities as a result of a 19.8 million and 4.2 million lats increase respectively in the government and other financial institutions' funds with the Bank of Latvia, and a 9.4 million lats decrease in the balance of the credit institutions' funds with the Bank of Latvia.
- On the liabilities side of the balance sheet, the amount of lats in circulation increased by 38.1 million lats or 3.8% mainly due to the above changes.
- An increase of 23.7 million lats in the capital and reserves as the retained earnings of the reporting year grew.
Vilnis Purviņš
Head of Macroeconomic Analysis Division
Monetary Policy Department
Bank of Latvia