National Bank’s net foreign assets down 22.4% in Jan-Nov 2020 to $6.838bn
<p> MINSK, Dec 15 – PrimePress. Net foreign assets of the National Bank of Belarus (NBB) amounted to U.S. $6.838 billion in January-November 2020 against January 1, 2020, down 22.4%, 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 22% in Jan-Nov 2020 to $7.65 billion and a 18.2% decrease in foreign liabilities to $812.4 million as of Dec 1, 2020. </p> <p> </p> <p> Monetary gold accounted for $3.268bn of the National Bank’s gross foreign assets as of Dec 1, 2020 (up 14.5% since early 2020), deposits – $2.528bn (down 55.5%), credits – $1.067bn (up 7.3%), securities (except shares) – $777.2m (up 233%), foreign exchange – $9.5m (down 78.9%), other assets – $2,300 against $2,400 as of Jan 1, 2020. </p> <p> </p> <p> Credits accounted for $250.8m of the National Bank’s external liabilities as of Dec 1, 2020 (down 40.8% since early 2020), securities (except shares) – none as in the beginning of the year, deposits – $35.5m (down 41.1%), other liabilities – $526.1m (up 3.3%). </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>
2020-12-16
Primepress
MINSK, Dec 15 – PrimePress. Net foreign assets of the National Bank of Belarus (NBB) amounted to U.S. $6.838 billion in January-November 2020 against January 1, 2020, down 22.4%, 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 22% in Jan-Nov 2020 to $7.65 billion and a 18.2% decrease in foreign liabilities to $812.4 million as of Dec 1, 2020.
Monetary gold accounted for $3.268bn of the National Bank’s gross foreign assets as of Dec 1, 2020 (up 14.5% since early 2020), deposits – $2.528bn (down 55.5%), credits – $1.067bn (up 7.3%), securities (except shares) – $777.2m (up 233%), foreign exchange – $9.5m (down 78.9%), other assets – $2,300 against $2,400 as of Jan 1, 2020.
Credits accounted for $250.8m of the National Bank’s external liabilities as of Dec 1, 2020 (down 40.8% since early 2020), securities (except shares) – none as in the beginning of the year, deposits – $35.5m (down 41.1%), other liabilities – $526.1m (up 3.3%).
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