National Bank’s net foreign assets down 16.4% in Jan-May 2020 to $7.37bn
<p> MINSK, Jun 15 – PrimePress. Net foreign assets of the National Bank of Belarus (NBB) amounted to U.S. $7.37 billion in Jan-May against Jan 1, 2020, down 16.4%, the National Bank of Belarus said in a statistical report. </p> <p> </p> <p> The National Bank’s net foreign assets reduced following a decrease in gross foreign assets by 15.7% in Jan-May 2020 to $8.266 billion and a 9.8% decrease in foreign liabilities to $896.6 million as of Jun 1, 2020. </p> <p> </p> <p> Monetary gold accounted for $3.198bn of the National Bank’s gross foreign assets as of Jun 1, 2020 (up 12.1% since early 2020), deposits - $4.09bn (down 28%), credits - $232.7m (down 76.6%), securities (except shares) - $736m (up 210%), foreign exchange - $9.1m (down 79.8%), other assets – $0.066m against $0.002 as of Jan 1, 2020. </p> <p> </p> <p> Credits accounted for $339.5m of the National Bank’s external liabilities as of Jun 1, 2020 (down 19.9% since early 2020), securities (except shares) – none as in the beginning of the year, deposits - $52.2m (down 13.5%), other liabilities - $504.9m (down 0.9%). </p> <p> </p> <p> In 2019, net foreign assets of the Belarusian government and the National Bank of Belarus grew by 41.3% to U.S. $8.815 billion as of January 1, 2020. End </p>
2020-06-16
Primepress
National Bank’s net foreign assets down 16.4% in Jan-May 2020 to $7.37bn
MINSK, Jun 15 – PrimePress. Net foreign assets of the National Bank of Belarus (NBB) amounted to U.S. $7.37 billion in Jan-May against Jan 1, 2020, down 16.4%, the National Bank of Belarus said in a statistical report.
The National Bank’s net foreign assets reduced following a decrease in gross foreign assets by 15.7% in Jan-May 2020 to $8.266 billion and a 9.8% decrease in foreign liabilities to $896.6 million as of Jun 1, 2020.
Monetary gold accounted for $3.198bn of the National Bank’s gross foreign assets as of Jun 1, 2020 (up 12.1% since early 2020), deposits - $4.09bn (down 28%), credits - $232.7m (down 76.6%), securities (except shares) - $736m (up 210%), foreign exchange - $9.1m (down 79.8%), other assets – $0.066m against $0.002 as of Jan 1, 2020.
Credits accounted for $339.5m of the National Bank’s external liabilities as of Jun 1, 2020 (down 19.9% since early 2020), securities (except shares) – none as in the beginning of the year, deposits - $52.2m (down 13.5%), other liabilities - $504.9m (down 0.9%).
In 2019, net foreign assets of the Belarusian government and the National Bank of Belarus grew by 41.3% to U.S. $8.815 billion as of January 1, 2020. End