Analytics, Banks, Financial Services, Lithuania, Statistics

International Internet Magazine. Baltic States news & analytics Sunday, 16.06.2019, 08:04

Debt of non-financial corporations in Lithuania has been growing at a faster pace than financial assets

BC, Vilnius, 09.01.2019.Print version
The financial accounts data for Q3 2018 published today shows that at the end of Q3 2018, the financial assets of non-financial corporations amounted to €45.7 bn and were more than twice larger than their debt (€19.5 bn) informed Bank of Lithuania.

The annual growth rate of debt (11.7%) outpaced growth rate of financial assets (10.3%). 

Non-financial corporations borrowed mostly in the domestic market and their domestic debt amounted to €15.3 billion at the end of Q3 2018. The annual growth rate of the domestic debt was 10.2%. The annual growth rate of external debt was 17.8% and amounted to €4.2 bn.

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