The balance sheet of the Lebanese Central Bank (BdL) revealed that total assets reached $99.1B in June 2016, recording a 4.63% increase from May’s 2016 level.
Although foreign assets, constituting 36.61% of total assets, decreased by a monthly 2.77%, the securities’ portfolio (24.14% of the total assets) increased by 26.93% over the same period to stand at $23.92B by the first half of 2016. The value of gold reserves (12.26% of total assets) increased by 8.76% from May 2016, to $12.15B by June this year. This increase in gold reserves can be justified by the rise in gold prices by 8.82% to $1,321.78 end of June 2016.
As for loans to the financial sector (5.29% share of total assets), they slightly decreased by a monthly 1.84% to $5.24B in June 2016.
On the liabilities side, financial sector deposits, with a share of 79.34% of the total, went up by 2.53% during the same period to $78.63B. Meanwhile, public sector deposits (6.28% of total liabilities) sharply increased by 23.16% to reach $6.23B in June, 2016.
BDL’s Total Assets in June (in $B)