The balance sheet of the Lebanese Central Bank (BdL) observed a growth in total assets that reached $103.71B in August 2016, recording a 2.22% increase from July’s 2016 level, and a 13.38% rise from last year’s value.
In details, foreign assets, constituting 39.27% of total assets, witnessed a monthly upturn of 10.82%, which can be partly attributed to the swap operation held by BDL during the month of July. Moreover, the securities’ portfolio (24.98% of the total assets) increased by 1.75% over the same period to reach $25.90B by August 2016. As for gold reserves, their value (11.69% of total assets) dropped 1.26% from July 2016, to $12.12B by August this year, due to the decrease in gold prices by 3.26% to $1,308.97/ounce end of August 2016.
Loans to the financial sector (5% share of total assets) slightly declined by a monthly 0.86% to $5.17B in August 2016.
On the liabilities side, financial sector deposits, contributing to 79.45% of the total, went up by 2.77% during the same period to $82.40B. Similarly, public sector deposits (6.39% of total liabilities) gradually increased by 0.37% to reach $6.63B in August, 2016.
BDL’s Total Assets in August (in $B)
Source: BDL