Total BDL Assets Stabilized in Mid-June 2017

According to the balance sheet of Banque du Liban (BdL), total assets remained almost stable at $102.4B in mid-June 2017, as they registered an incremental 0.08% uptick from Dec.2016’s levels.

In details, Foreign Assets (constituting 38.44% of total BDL Assets) slipped by 3.3% year-to-date (y-t-d) to stand at $39.37B and Securities’ Portfolio (23.52% of total assets) dropped by 6.79% y-t-d to $24.09B. In their turn, Loans to the local financial sector (5.70% share of total assets) also fell by 8.81% compared to end-Dec.2016, to reach $5.83B in mid-June 2017. However, BDL’s Gold Reserves (11.34% of total assets) rose by 8.42% from end-Dec.2016, to settle at $11.61B over the same period.

On the liabilities side, Financial sector deposits (79.48% of total BdL liabilities) fell by 3.3% y-t-d to stand at $81.39B, while Public sector deposits (6.36% of total liabilities) edged up by 18.04% y-t-d to stand at $6.51B in mid-June 2017.

BdL’s Total Assets by mid-June (in $B)

Total BDL Assets Stabilized in Mid-June 2017

Source: BdL

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