MFI balance sheet statistics published in the database INTS

Monetary financial institutions’ (MFI) balance sheet statistics that is published in the database INTS is compiled using data collected pursuant to the Bank of Latvia’s Regulation of 16 May 2014 No 132 "Regulation for Compiling the Monthly Financial Position Report of Monetary Financial Institutions" (please, see the section Legal on the Bank of Latvia’s Internet site). At this stage, the database INTS contains the MFI (except the Bank of Latvia) aggregated balance sheet, and data on loans granted and deposits received by MFIs (except the Bank of Latvia). The data are updated on a monthly basis in accordance with the calendar published on the Bank’s Internet site. The above mentioned data can also be found in the section “Statistics/Monetary statistics”: for the MFI (except the Bank of Latvia) balance sheet, please see tables under points 6 and 8; for data on loans granted by MFIs (except the Bank of Latvia), please see tables referred to in points 13 to 15; for deposits received by MFIs (except the Bank of Latvia), please see tables referrred to in point 12.

MFI balance sheet and monetary statistics published in the section “Statistics/Monetary statistics”

The tables of MFI balance sheet and monetary statistics published in the section “Statistics/Monetary statistics” are consistent with the tables available in the Bank’s publication Macroeconomic Developments Report. MFI balance sheet and monetary statistics is compiled using data that are collected from MFIs registered in the Republic of Latvia, i.e., the Bank of Latvia, credit institutions, branched of foreign credit institutions, e-money institutions, credit unions and money market funds, pursuant to the regulations adopted by the Bank of Latvia. Data are updated on a monthly basis, except tables referred to in points 1, 15 and 17, which are updated on a quarterly basis.

Data on the MFI (except the Bank of Latvia) aggregated balance sheet (tables referred to in points 6 and 8), loans granted (tables referred to in points 13 to 15) and deposits received (tables referrred to in point 12) are also available in the database INTS.

The statistical information is grouped as follows.

1.–5. Bank of Latvia and Monetary Indicators

1. Monetary Indicators and Interest Rates (Table 1)

This Table features the key items characterising money supply and financial market:M1, M2 and M3 of the euro area, as well as the main counterparts of Latvia's contribution in M3, new loans and deposits received, government bond yields, interbank money market index EURIBOR and stock exchange NASDAQ OMX Riga index OMXR. Sources: the Bank of Latvia, Ministry of Finance of the Republic of Latvia, Euribor-EBF and NASDAQ OMX Riga.

2. Monetary Base (Table 3)

This Table features the corresponding Bank of Latvia's balance sheet items forming the central bank's money supply (monetary base of the euro area): currency in circulation, credit institutions' current accounts and liabilities arising from monetary policy operations with the Bank of Latvia, as well as external assets and external liabilities, credit to euro area MFIs, the government sector and other euro area residents.

3. Monetary Aggregates and Their Counterparts (according to the European Central Bank methodology; Table 4)

This Table features Latvian monetary aggregates and counterparts according to the European Central Bank methodology. The following monetary aggregates are calculated and published:

National contribution to M1, narrow monetary aggregate, comprising overnight deposits in all currencies held with MFIs.

National contribution to M2, intermediate monetary aggregate, comprising the contribution to M1 and deposits redeemable at a period of notice of up to and including 3 months (i.e. short-term savings deposits) made in all currencies as well as deposits with an agreed maturity of up to and including 2 years (i.e. short-term time deposits) in all currencies held with MFIs.

National contribution to M3, broad monetary aggregate, comprising the contribution to M2, repurchase agreements, and debt securities with a maturity of up to and including 2 years issued by MFIs, and money market fund shares and units.

5. Monetary Survey (Table 10)

This Table features the items of the aggregate balance sheet of MFIs forming money supply: deposits received by MFIs (excluding the bank of latvia) as well as net external assets and net domestic assets of the banking system.

6.–10. Basic MFI Indicators

6. Aggregated Balance Sheet of the MFIs (excluding the Bank of Latvia; Table 7)

This Table features the sum of the harmonised balance sheets of Latvia's MFIs, excluding the Bank of Latvia.

7. MFI Consolidated Balance Sheet (Table 8)

This Table features the consolidated balance sheet of MFIs, obtained by netting out inter-MFI positions on the aggregated MFI balance sheet (Table 8). Due to slight differences in accounting techniques, the sum of inter-MFI positions does not always equal zero; therefore, the balance is included in the item "Excess of inter-MFI liabilities".

8. Aggregated Balance Sheet of the MFIs (excluding the Bank of Latvia; Tables 9ab)

This Table features the aggregate balance sheet of Latvia's MFIs, excluding the Bank of Latvia, which is the sum of the harmonised balance sheets.

9. Foreign Assets and Liabilities of MFIs (excluding the Bank of Latvia; Tables 11ab)

This Table features the information characterising the foreign (non-residents outside Latvia) assets and liabilities of MFIs, excluding the Bank of Latvia.

10. Selected items in the monthly financial position report of MFIs (excluding the Bank of Latvia) by groups of country (Table 12)

The Table features MFI (excluding the Bank of Latvia) claims on MFIs, loans to non-MFIs, liabilities to MFIs, non-MFI deposits broken down by EU countries, other euro area countries, other countries and international institutions.

11.–20. Deposits Received, Loans Granted and Securities Held by MFIs

11. Maturity Profile of Deposits of Resident Financial Institutions, Non-Financial Corporations and Households (in euro and foreign currency; Table 13)
12. Deposits by Financial Institutions, Deposits by Non-Financial Corporations, Deposits by Households, Deposits by Government and Non-Residents (in euro and foreign currency; Tables 14abcdef)
19. Currency Breakdown of Resident and Non-Resident Deposits (Tables 20ab)

These Tables feature the information characterising the maturity profile and types of deposits (including repos) of Latvia's financial institutions, non-financial corporations and households with MFIs (excluding the Bank of Latvia; Tables 13 and 14abcde) as well as government and non-resident deposits (Table 14f). Deposits redeemable at notice have been grouped by period of notice. Long-term deposits include deposits with the original maturity of over 1 year. The currency breakdown of MFI (excluding the Bank of Latvia) deposits is provided in Tables 20ab.

13. Maturity Profile of Loans to Resident Financial Institutions, Non-Financial Corporations and Households (in euro and foreign currency; Table 15)
14. Loans to Financial Institutions and Non-Financial Corporations, Loans to Households, Loans to Government and Non-Residents (Tables 16abc)
15. Lending to Resident Financial Institutions, Non-Financial Corporations and Households (Table 18)
19. Currency Breakdown of Resident and Non-Resident Deposits, Loans to Residents and Non-Residents (Tables 20cd)

These Tables feature the information characterising the maturity profile and types of MFI (excluding the Bank of Latvia) loans to Latvia's financial institutions, non-financial corporations and households (Tables 15, 16ab and 18) as well as government and non-resident loans (Table 16c). The currency breakdown of MFI (excluding the Bank of Latvia) loans is provided in Tables 20cd.

16. Convenience and extended credit, revolving loans and overdraft to resident non-financial corporations and households (Table 37)

The Table features revolving loans and overdrafts, convenience credit card credit and extended credit card credit granted by MFIs (excluding the Bank of Latvia) to non-financial corporations and households in Latvia.

17. Loans to resident non-financial corporations and households in the breakdown by residual maturity and by interest rate reset period (Tables 38ab)

The Table features loans granted by MFIs (excluding the Bank of Latvia) to non-financial corporations and households in Latvia broken down by agreed maturity, residual maturity and interest rate reset period.

18. Holdings of Securities Other Than Shares, Holdings of Shares and Other Equity (Tables 19ab)
19. Currency Breakdown of Holdings of Resident and Non-Resident Securities Other Than Shares and Debt Securities Issued by MFIs (Tables 20efg)

These Tables Feature the information characterising MFI (excluding the Bank of Latvia) securities holdings (Tables 19ab and 20ef) and debt securities issued by MFIs (excluding the Bank of Latvia; Table 20g).

21.–23. Foreign Exchange Transactions

21. Principal Foreign Exchange Transactions by Type, Counterparty and Currency; Table 24)

The Table features cash and non-cash transactions of credit institutions. The amount of cash and non-cash transactions in euro has been calculated applying the official exchange rate for the respective foreign currency on the last day of the reporting month.

22. Foreign Exchange Non-cash Transactions (Table 25)

The Table features non-cash transactions of credit institutions by major currency. The transaction amount in euro has been calculated applying the weighted average exchange rate of the last day of the reporting month. The volume of non-cash transactions has been translated into euro applying the accounting exchange rate of the respective foreign currency on the last day of the reporting month (where the currency is not quoted by the ECB, exchange rates are determined using ThomsonReuters end of month closing price).

23. Weighted Average Exchange Rates (Cash Transactions) (Table 27)

The Table features weighted average exchange rates of cash foreign exchange transactions (in respective currency for one euro) conducted by credit institutions and foreign exchange capital companies.

General Notes

 For further information on the sectoral classification used in statistics, please, see "Classification systems".