Prince Henri Auditoire 02 BW

Evolution of credit institutions' balance sheet

28.07.2021

The Banque centrale du Luxembourg informs that, based on preliminary data, the aggregated balance sheet of credit institutions reached 920 067 million euros on 30 June 2021, compared to 896 962 million euros on 31 May 2021, an increase of 2,58%. On an annual basis, the aggregated balance sheet increased by 7.1%.

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Net interbank lending, i.e. the difference between interbank loans and deposits, increased by 7 661 million euros (3.8%) to reach 211 256 million euros at the end of June 2021.

Loans to resident non-bank customers decreased by 884 million euros, or 0.8%, between May and June 2021. Over twelve months, these loans increased by 3 899 million euros (3.9%).

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On a yearly basis, loans to non-financial corporations (NFCs) increased by 48 million euros (0.2%), loans for house purchases increased by 3 789 million euros (11.1%) and loans to other financial intermediaries (OFIs) increased by 434 million euros (1.4%).

With regard to the liability side, deposits from the resident non-bank sector increased by 1 489 million euros or 0.5% between May and June 2021. Over twelve months, these deposits increased by 34 835 million euros, or 13.3%.

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Between June 2020 and June 2021, Other financial intermediaries (OFI) deposits (which had a share of 71.2% as at 30 June 2021 and comprised deposits made up by monetary and non-monetary investment funds) increased by 30 835 million euros (17.1%) and household deposits by 1 210 million euros (2.8%). NFC deposits increased by 1 259 million euros (7.3%) and deposits from the other sectors[1] increased by 1 531 million euros (7.4%).

  

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

  

  

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