BDL Assets Register a Slight Drop in Mid-March 2017

According to the balance sheet of the Lebanese Central Bank (BdL), total assets dropped by a monthly 0.80% to $102.77B in mid- March, compared to $103.58B by mid-February.

Foreign assets (39.91% of total assets) marginally rose by a monthly 0.20% to $41.01B. Nonetheless, gold reserves (10.79% of total assets) and securities’ portfolio (23.86% of total assets) witnessed respective falls of 2.03% and 3.49% between mid-February 2017 and Mid-March of 2017 to $11.08B and $24.51B.

Moreover, loans to the local financial sector (5.87% share of total assets) dropped by a monthly 4.25% to reach $6.03B in mid-March 2017.

On the liabilities side, financial sector deposits, constituting a share of 81.14% of the total, marginally rose by 0.30% during the same period to $83.38B. Public sector deposits (5.79% of total liabilities) plunged by 14.61% to reach $5.95B in mid-March- 2017.

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

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Source: BDL

 

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