BDL’s Total Assets Up by 8.37% y-t-d in Mid-Aug. 2017

Banque du Liban’s (BDL) balance sheet revealed that total assets rose by 8.37% year-to-date (y-t-d) to stand at $110.9B in mid-August 2017.

In details, Foreign Assets (which constituted 38.29% of total BDL assets) and Securities’ Portfolio (25.66% of total assets) recorded y-t-d growths of 4.32% and 10.13%, to stand at $42.5B and $28.5B, respectively. In their turn, BDL’s Gold Reserves (10.65% of total assets) added 10.31% y-t-d from end-Dec.2016 levels, to settle at $11.8B over the same period. Meanwhile, Loans to the Local Financial Sector (grasping a 5.09% share of total assets) declined by 11.87% compared to end-Dec.2016 levels, to stand at $5.6B in mid-August 2017.

On the liabilities’ side, Financial sector deposits (80.51% of total BDL liabilities) and Public sector deposits (5.86% of total liabilities) both rose by 6.07% and 17.85% compared to December 2016 levels, to stand at $89.3B and $6.5B, respectively.

BDL’s Key Account Balances by mid – Aug. 2017 (in $B)

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Source: BDL

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