BDL’s Total Assets rose 8.1% Since the Beginning of the year

The balance sheet of the Lebanese Central Bank (BdL) revealed that total assets reached $98.23B in mid- June 2016, recording a 3.33% increase from Mid-May’s 2016 level.

Although foreign assets, constituting 37.41% of total assets, added 2.83% between mid-May and mid-June of 2016 to $36.7B. Similarly, securities’ portfolio (23.22% of the total assets) increased by 12.56% over the same period to reach $22.81B by the mid June 2016. The value of gold reserves (12.03% of total assets) increased by 0.43% to $11.81B by mid-June this year. This increase in gold reserves can be justified by the rise in gold prices by 0.41% to 1,278.53$ as of mid-June 2016.

As for loans to the financial sector (5.49% share of total assets), they barely increased from $5.34B in mid-May 2016 to $5.39B in mid June 2016.

On the liabilities side, financial sector deposits, with a share of 79.71% of the total, went up by 3.39% during the same period to $78.29B. Meanwhile, public sector deposits (6.33% of total liabilities) sharply increased by 20.11% to reach $6.21B in June 15, 2016.

BDL’s Total Assets in mid-June (in $B)

 

BDL’s Total Assets rose 8.1% Since the Beginning of the year

Source: BDL

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