According to the Central Bank’s (BDL) balance sheet, total assets registered a 1.31% monthly rise to reach $85.03B by end of August.
The bank’s foreign assets edged up by 0.76% to $38.05B and its securities portfolio widened by 2.01% to $13.02B. Likewise, loans to the local financial sector surged by 8.97% to $3.79B in August.
Gold reserves declined by 0.75% from July, to $11.86B, noting that during this period the price of gold followed a downward trend.
On the liabilities side, financial sector deposits grew by 2.50% month-on-month to $64.63B while public sector deposits dropped by 3.30% to $7.16B by end of August.
BDL’s Total Assets by August