Total Assets of BDL Slipped by 6.15% YTD to $132B by Mid-August 2019

According to the latest balance sheet of Banque du Liban (BDL),Total assets fell by 6.15% since year start to reach $132B in mid-August 2019.

In details, Foreign Assets (which grasped 28.23% of BDL’s Total assets) recorded a year-to-date (YTD) down tick of 6.1% to stand at $37.25B over the same period. Nonetheless, the central bank’s Securities’ Portfolio (composing 25.24% of total assets) and its Gold Reserves (grasping 10.56% of total assets) rose by 8.04% and 18.4% since year start, to stand at $33.31B and $13.94B, respectively, in mid-August 2019. In their turn, Loans to the Local Financial Sector (grasping 11.44% of total assets) retreated substantially from $33.61B to $15.1B in mid-August.

On the liabilities’ side, Financial sector deposits (81.38% of total liabilities) and Public sector deposits (3.52% of total liabilities) at BDL recorded the respective declines of 10.35% and 7.47%YTD, to stand at $107.39B and $4.65B over the same period.

BDL’s Total Assets by mid August (in $B)

Total Assets of BDL Slipped by 6.15% YTD to 2B by Mid-August 2019

Source: BDL

 

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