Bank balance sheets up to $1.217 billion

Lebanon

Bank balance sheets up to $1.217 billion

February 02, 2013 12:56 AM

The Daily Star

People leave Lebanon's Central Bank in Beirut, Lebanon, Friday, July 22, 2011. (The Daily Star/Mahmoud Kheir)

BEIRUT: Lebanon’s Central Bank said the balance sheet of financial institutions amounted to $1.217 billion at end-November 2012, up by 11.6 percent from a total of $1.091 billion at end-November 2011.

Liabilities to the private sector totaled $266.4 million at end-November 2012, up from a total of $215.5 million posted at end-November 2011.

Liabilities to the financial sector reached $518.3 million at end-November 2012, up by 6.6 percent from $486.4 million recorded at end-November 2011.

Other financial liabilities rose from $15.6 million at end-November 2011 to $17.8 million at end-November 2012. Capital accounts increased by 11.6 percent year-on-year to reach $344.5 million at end-November 2012.

A version of this article appeared in the print edition of The Daily Star on February 02, 2013, on page 4.

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Story Summary

Lebanon's Central Bank said the balance sheet of financial institutions amounted to $1.217 billion at end-November 2012, up by 11.6 percent from a total of $1.091 billion at end-November 2011 .

Liabilities to the financial sector reached $518.3 million at end-November 2012, up by 6.6 percent from $486.4 million recorded at end-November 2011 .

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