The balance sheet of the Lebanese Central Bank (BdL) revealed that total assets reached $94.71B in May 2016, recording a 0.25% monthly decrease from April’s 2016 level and a 5.22% rise from May 2015’s level.
Although foreign assets, constituting 39.39% of total assets, added 3.54% to $37.31B, securities’ portfolio (19.90% of the total assets) dropped by 6.81% month-on-month (m-o-m) to $18.85B by the end of May 2016. Similarly, the value of gold reserves (12.20% of total assets) decreased by 3.60% from April’s 2016 level to reach $11.17B by the end of May this year, following the 6.05% monthly drop in international gold prices during May 2016.
As for loans to the financial sector (5.64% share of total assets), they barely decreased from $5.36B in April 2016 to $5.34B in the fifth month of the year.
On the liabilities side, financial sector deposits, with a share of 80.96% of the total, went up by 1.61% m-o-m to $76.68B in May 2016. Meanwhile, public sector deposits (5.34% of total liabilities) plunged 9.00% from April 2016 to reach $5.06B at the end of May 2016.
BDL’s Total Assets in May (in $B)
Source: BDL