BDL Foreign Assets Rise as Swaps’ Impact Persists

The balance sheet of the Lebanese Central Bank (BdL) revealed a 13.28% rise y-t-d in BDL’s assets to $102.98B.

BDL’s foreign assets, constituting 39.10% of total assets, registered a 8.56% increase from year start. Moreover, the securities’ portfolio (25.21% of the total assets) surged by 43.96% by November to stand at $25.96B. Also, as gold prices rose since the beginning of the year to reach $1,176/ounce end of November, gold reserves’ value (10.62% of total assets) increased by 11.08% y-t-d to $10.94B by November this year.

Loans to the financial sector, constituting 6.10% of total assets, escalated by 25.12% since year start to stand at $6.29B in November 2016.

On the liabilities side, financial sector deposits, contributing to 80.89% of the total, rose by 5.60% during the same period to $83.29B. Similarly, public sector deposits (5.50% of total liabilities) witnessed a rise of 4.78% to reach $5.67B in November 2016.


BDL’s Total Assets in November (in $B)

BDL Foreign Assets Rise as Swaps’ Impact Persists

Source: BDL


Leave a Reply

Your email address will not be published. Required fields are marked *