The Central Bank’s (BDL) balance sheet, revealed a 0.79% monthly rise in total assets to $85.93B by mid-October, mostly due to the 0.32% rise in its holding of foreign assets.
Foreign assets (excluding gold), took a share of 44.77% of total assets and settled at $38.47B by Mid-October. On the other hand, gold reserves dropped by 1.01% since mid-September to reach $11.29B,partly due to the international bearish trend in gold prices.
The central bank’s securities portfolio and loans to the local financial sector grew by 1.18% and 3.05% in month-ago terms to reach $13.33B and $3.98B, respectively.
On the liabilities side, financial sector deposits augmented by 1.33% from mid-September to reach $66.13B in mid-October.
BdL total Assets by Mid-October
Source: Banque du Liban