Net incurrence of liabilities was positive in financial corporations and household sectors. At the end of the third quarter of 2014, financial assets totalled EUR 114.6 (LTL 395.5) billion. The main investment positions of financial assets were shares (29 percent), loans (22 percent), and deposits (21 percent). At the end of the third quarter, Lithuania’s liabilities totalled EUR 129.9 (LTL 448.6) billion. Loans and debt securities accounted for almost one third (32 percent) of total liabilities. In Q3 of 2014, net acquisition of financial assets in all sectors of Lithuania’s economy, except for households, was positive. Net incurrence of liabilities was positive in financial corporations and households sectors.
At the end of Q3, the largest amount of financial assets was accumulated in the financial corporations sector.
The rest of the world sector (non-residents) plays an important role in Lithuania’s economy. In Q3 of 2014, holdings of debt securities by non-residents accounted for 76 percent of total debt securities issued in Lithuania. The annual growth rate of the said securities amounted to 2 percent (in Q3 2013 it accounted for -8 percent).
Non-residents also owned 24 percent of total shares issued in Lithuania, whose annual growth rate was 3 percent (in Q3 2013 it made up 4 percent). The largest portion of non-resident investment went to Lithuania’s financial sector: non-residents owned 95percent of shares issued by deposit-taking corporations2 and 75 percent of shares issued by insurance corporations.
On the eve of the Independence Day of the Republic of Kazakhstan, on December 13,…
Kęstutis Budrys, the President's Senior Adviser, who has been nominated for the post of Minister…
In the heart of Bulgaria, the city of Plovdiv reveals a rich tapestry of ancient…
"We can shout very loudly, but it won't change the position of the American people,"…
From mocking messages flooding social networks to harsh criticism from political experts, the decision of…
Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving…