Prince Henri Auditoire 02 BW

Evolution of credit institutions’ balance sheet

30.03.2022

The Banque centrale du Luxembourg informs that, based on preliminary data, the aggregated balance sheet of credit institutions reached 963 680 million euros on 28 February 2022, compared to 959 285 million euros on 31 January 2022, an increase of 0,46%. This increase is due to the monthly progression of claims towards the banking sectors. On an annual basis, the aggregated balance sheet increased by 11.6%.

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Net interbank lending, i.e. the difference between interbank loans and deposits, increased by 5 916 million euros (2.6%) to reach 231 375 million euros at the end of February 2022.

Loans to resident non-bank customers decreased by 338 million euros, or 0.3%, between January 2022 and February 2022. Over twelve months, these loans increased by 6 731 million euros (6.5%).

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On a yearly basis, loans to non-financial corporations (NFCs) decreased by 629 million euros (2.2%), loans for house purchases increased by 3 428 million euros (9.4%) and loans to other financial intermediaries (OFIs) increased by 3 941 million euros (12.5%).

With regard to the liability side, deposits from the resident non-bank sector increased by
6 068 million euros or 1.93% between January 2022 and February 2022. Over twelve months, these deposits increased by 33 835 million euros, or 11.8%.

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Between February 2022 and February 2022, Other financial intermediaries (OFI) deposits (which had a share of 70.5% as at 28 February 2022 and comprised deposits made up by monetary and non-monetary investment funds) increased by 23 079 million euros (11.4%) and household deposits by 1 901 million euros (4.4%). NFC deposits increased by 5 523 million euros (28.8%) and deposits from the other sectors[1] increased by 3 333 million euros (15.8%).

The tables pertaining to the balance sheet of credit institutions can be consulted on the BCL’s website on the following page:

http://www.bcl.lu/en/statistics/series_statistiques_luxembourg/11_credit_institutions/index.html

 

[1] General government, insurance corporations and pension funds.