Total BDL Assets Increased 13.10% since the Beginning of the Year

According to the balance sheet of the Lebanese Central Bank (BdL), total assets grew by 13.10% year-to-date (y-t-d). however, total assets slightly dropped 0.60% from Mid-November’s 2016 level to reach $102.82B in mid- December 2016.

This drop can be justified by the fall in foreign assets (39.07% of total assets) and gold reserves (10.13% of the total assets) which decreased by 0.98% and 7.91% between mid-November and Mid-December of 2016 to $40.17B and $10.41B, respectively. Nonetheless, securities’ portfolio (25.34% of the total assets) registered an uprise of 0.45% over the same period to reach $26.06B by mid-December 2016.

As for loans to the financial sector (6.19% share of total assets), they rose by a monthly 1.99% to $6.37B in mid-December 2016.

On the liabilities side, financial sector deposits, grasping an 80.65% share of the total, marginally dropped by 0.18% during the same period to $82.92B. Public sector deposits (6.19% of total liabilities) grew 3.64% to reach $6.36B in mid-December- 2016.

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

Total BDL Assets Increased 13.10% since the Beginning of the Year

Source: BDL

 

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