Published: 24.04.2019 Updated: 29.04.2022

MFI balance sheet statistics comprises data on total MFI assets and liabilities, broken down by financial instrument, residency, sector, as well as by country and currency group.

Monetary statistics comprises the following money supply indicators: Latvia's contribution to euro area M1, M2 and M3, net foreign assets (outside the euro area), loans to euro area governments, financial institutions, non-financial corporations and households, euro area central governments' deposits and longer-term financial liabilities. Latvijas Banka's monetary indicators represent the central bank's money supply, i.e. the balance sheet indicators of Latvijas Banka, contributing to the monetary base of the euro area.

Data in the statistical database INTS.

Key Indicators of the MFI (Banking) Sector

  Data    
  2022 III 2022 II 2021 III
       
Total assets* (at the end of period; in million of euro) 24 637.4 24  492.3
24 384.7
Change in total assets (at the end of period; compared with corresponding period of previous year; %) 1.0 3.6 17.1
       
Loans to residents (at the end of period; in millions of euro) 12 473.3 12 407.4  12 075.5
incl. loans in euro and lats 12 352.9 12 296.4 11 955.9
loans in foreign currencies 120.4 111.0 119.5
Growth in loans to residents (compared with corresponding period of previous year; %) 3.3 4.0 5.6
Weighted average interest rates on loans to residents (%)      
loans to non-financial corporations in euro 2.7 2.9 3.1
loans to households in euro 4.5 4.2 4.0
incl. for house purchase 2.4 2.3 2.4
       
Deposits from residents (at the end of period; in millions of euro) 16 673.7 16 493.0 15 525.8
incl. deposits in euro and lats 15 528.4 15 385.0 14 457.0
deposits in foreign currencies 1 145.3 1 108.0 1 068.8
Weighted average interest rates on deposits from residents (%)      
non-financial corporation term deposits in euro 0.01 0.1 0.00
non-financial corporation demand deposits in euro -0.01 -0.01 -0.01
household term deposits in euro 0.2 0.2 0.2
household demand deposits in euro 0.00 0.00 0.03
       
Retained earnings for the reporting year (at the end of period; in millions of euro) 80.0 55.4 56.9
Capital and reserves (at the end of period; in million of euro) 3 009.5 3 093.4 2 947.4
       
Weighted average interest rate on interbank loans in euro (%) -0.5 -0.5 -0.5
incl. weighted average interest rate on overnight loans(%) x x x
       
  2021 XII 2021 IX 2020 XII
Loans past due over 90 days (% no total loans)** 1.5 1.9 2.3


** Data source: Financial and Capital Market Commission.

Legal

Basis for the compilation of statistics in accordance with the ECB requirements

Regulation (EU) No 2021/379 of the European Central Bank of 22 January 2021 on the balance sheet items of credit institutions and of the monetary financial institutions sector (recast) (ECB/2021/2)

Regulation (EU) No 1074/2013 of the European Central Bank of 18 October 2013 on statistical reporting requirements for post office giro institutions that receive deposits from non-monetary financial institution euro area residents (recast) (ECB/2013/39)

Guideline of the European Central Bank of 4 April 2014 on monetary and financial statistics (recast) (ECB/2014/15) (2014/810/EU)

Latvijas Banka's legal acts governing data collection

Regulation No 192 "Regulation for Compiling the Monthly Financial Position Report" of 4 June 2021

Regulation No 134 "Regulation for Compiling the 'Report on Adjustments in Respect of Write-Offs/ Write-Downs of Loans and Price Revaluations of Securities'" of 16 May 2014

Regulation No 36 "Regulation for Purchasing and Selling Cash Foreign Currency" of 13 May 2009

Regulation No 101 "Regulation for Compiling Reports on Foreign Currency Purchases and Sales" of 16 May 2013

Regulation No 102 "Regulation for Compiling the 'Report on Money Market Transactions'" of 16 May 2013