BDL’s Total Assets Grow by 5.84% y-t-d in Mid- July 2017

Banque du Liban’s (BdL) balance sheet revealed that total assets registered a 5.84% uptick to $108.3B in mid-July 2017, compared to Dec.2016’s levels.

In details, Foreign Assets (which constituted 39.31% of total BDL Assets) and Securities’ portfolio (24.76% of total assets) recorded year-to-date (y-t-d) growths of 4.59% and 3.76%, to stand at $42.57B and $26.81B, respectively. In their turn, BDL’s Gold Reserves (10.38% of total assets) added 5.02% y-t-d from end-Dec.2016 levels, to settle at $11.24B over the same period. Meanwhile, Loans to the local financial sector (grasping a 5.17% share of total assets) fell by 12.54% compared to end-Dec.2016, to reach $5.6B in mid-July 2017.

As for BDL’s liabilities, Financial sector deposits (80.7% of total BdL liabilities) and Public sector deposits (5.82% of total liabilities) both climbed by 3.85% and 14.34% y-t-d, to stand at $87.4B and $6.3B, respectively.

Balances of BdL’s Key Accounts by mid July 2017 (in $B)

BDL’s Total Assets Grow by 5.84% y-t-d in Mid- July 2017

Source: BdL

Leave a Reply

Your email address will not be published.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