First up - central bank and ECB lending to banks was broken down into:
- Other assets held by the CBofI - aka lending by CBofI itself to Irish banks - declined from €66.7bn in March to €54.15bn, this mans that mom lending by CBofI fell €12.64bn (-18.93%) and year on year it is now up €40.5bn (+296.8%)
- Borrowing from the Eurosystem (ECB) declined from €79.22bn to €74.23bn - a drop of €4.985bn mom or 6.29%. Relative to April 2010, borrowing increased €38.31bn which almost exactly off-sets increases in CBofI lending, suggesting a transfer of risk from ECB to CBofI
- Total loans to Irish 6 from Euro system and CBofI amounted to €128.4bn in April 2011 down €17.63bn mom (-12.1%). Relative to April 2010, loans increased €78.81bn or 159%.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhcFRKYwCB7ZJ2ec9FI_yZLBmVetJxG-UBu5eRtQ9zyb6NmqjwOFCcBRqhziSRXfCi0SJn4St0HHiVyznU8ktoi007Jc_ac4AjI8fkvMDXLClWgvgZ9ZSgodbz4A9WKwcGq4ucxemtvFAJp/s400/Screen+shot+2011-06-01+at+21.44.00.png)
On deposits side:
- Total deposits in IRL 6 have increased from €224.17bn in March to €235.2bn in April an increase of 4.93% mom. Relative to April 2010, deposits are still down €14.07bn or 5.65%
- However, the main driver for these increases were deposits from the Irish Government. Government deposits rose €12.743bn in April (+148.4%) mom and are up €18.566bn (+671.5%) year on year - the very same €18 billion mentioned in the first post.
- Private sector deposits also increased, 1.81% or €1.93bn mom, but remain €20.92bn on April 2010 (-16.2%)
- Monetary institutions deposits dropped €3.63bn mom (-3.32%) and €11.72bn (-9.98%) yoy
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjya6RZ9vJMJ8W39LDLSuTaBgtubnjAeB3c255AgP9Ch96QZlSzBgQMdqXlsuvWrUxcku8afOIDgMw1t0CQfisEE31EZIROFE2fl9Ouqyx39GVypU15fhc3ygaLt_qWtJ1PeR8vz3kiFiK1/s400/Screen+shot+2011-06-01+at+21.43.49.png)
- Loans to Irish residents fell €6.97bn (-2.2%) mom to €314.14bn. Loans stood at €27.97bn below April 2010 (a decline of 8.18% yoy)
- Loans to General Government were marginally up €47mln to €28.3bn, which means that IRL 6 are the dominant players in lending to Irish Government (as asserted in the previous post)
- Loans to other Monetary Institutions werte down €4.05bn mom (-375%) and
- Loans to Private Sector fell additional €2.97bn (-1.61%) mom and €33.633bn (-15.62%) yoy to €181.71bn.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWrMJw5XSyCB8dLculzUf5FhemiQ_5p_cRHhnhA5RTBtdxTamKzLZlMiOd4AKzHA5bpxnEj4owCkBu5BB-9xoDgV4ennj18j3VureVsu9KrCnXphIDlo0FUq81ovhWPqSYDn0PhQfSKgGA/s400/Screen+shot+2011-06-01+at+21.44.22.png)
Lastly, loans to deposits ratios:
- LTDs for all IRL 6 institutions improved by 10 percentage points to 133.56% in April 2011, which represents a decline of 4 percentage points yoy
- LTDs for Private Sector lending fell 6 percentage points in April to 167.9%, an increase of 1 percentage point on April 2010.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijdQ6h8kSogtY9F8O3Hluge5tLOmc4Rt5TUImYuiW0XpLdZLUl5xzXhBOigZLwezJfash-wggpxHvnDLRWkCVXI5jgUOMoL4F3c68EJXdr7UsnMFS-HY9E39MXBBh9nBaZoAnRFS3Ha4In/s400/Screen+shot+2011-06-01+at+21.44.35.png)
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