Banque du Liban’s (BDL) balance sheet revealed that total assets rose by 10.87% year-to-date (y-t-d) to stand at $131.10B in mid-August 2018.
In details, Foreign Assets (which constituted 33.4% of total BDL assets) recorded a y-t-d growth of 4.30% to $43.79B. However, Securities’ Portfolio (21.20% of total assets) and Gold Reserves (8.41% of total assets) registered y-t-d drops of 5.04% and 7.87%, to stand at $27.79B and $11.02B, respectively. Meanwhile, Loans to the Local Financial Sector (grasping a 19.65% share of total assets) doubled since year start to stand at $25.76B in mid-August 2018.
On the liabilities’ side, Financial sector deposits (83.52% of total BDL liabilities) and Public sector deposits (4.60% of total liabilities) both rose by 12.32% and 2.19% compared to December 2017 levels, to stand at $109.50B and $6.03B, respectively.
BDL’s Total Assets by mid – August (in $B)