Latvia Economic and Fiscal Outlook

DOMESTIC LOANS AND DEPOSITS PREVAIL IN BANKS' OPERATIONS Banking sector focused primarily on servicing domestic clients; non-residents deposits have diminished significantly Billion, EUR 30 25 20 15 10 5 0 2018 Banking sector assets Billion, EUR 30 25 25 20 20 15 10 5 Banking sector liabilities 0 2020 2021 2022 2018 2019 2020 2021 2022 Other liabilities&equity 2019 Other assets ■ Securities Loans to foreign clients ■Loans to other Baltic states Loans to domestic clients ■Cash and claims on Monetary Financial Institutions 26 Source: Latvijas Banka Foreign deposits ■Deposits form other Baltic states deposits ■Domestic deposits Monetary Financial Institutions ■Latvijas Banka operations

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