National Bank’s net foreign assets down 23.3% in Jan-Sep 2020 to $6.765bn
<p> MINSK, Oct 15 – PrimePress. Net foreign assets of the National Bank of Belarus (NBB) amounted to U.S. $6.765 billion in January-September 2020, down 23.3% since early 2020, 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 22.7% in Jan-Sep 2020 to $7.583 billion and a 17.6% decrease in foreign liabilities to $818.5 million as of Oct 1, 2020. </p> <p> </p> <p> Monetary gold accounted for $3.459bn of the National Bank’s gross foreign assets as of Oct 1, 2020 (up 21.2% since early 2020), deposits – $2.465bn (down 56.6%), credits – $887.4m (down 10.7%), securities (except shares) – $761.9m (up 220%), foreign exchange – $9.4m (down 79.2%), other assets – $0.002m, unchanged since Jan 1, 2020. </p> <p> </p> <p> Credits accounted for $257m of the National Bank’s external liabilities as of Oct 1, 2020 (down 39.3% since early 2020), securities (except shares) – none as in the beginning of the year, deposits – $42.7m (down 29.3%), other liabilities – $518.8m (up 1.8%). </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>
2020-10-16
Primepress
MINSK, Oct 15 – PrimePress. Net foreign assets of the National Bank of Belarus (NBB) amounted to U.S. $6.765 billion in January-September 2020, down 23.3% since early 2020, 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 22.7% in Jan-Sep 2020 to $7.583 billion and a 17.6% decrease in foreign liabilities to $818.5 million as of Oct 1, 2020.
Monetary gold accounted for $3.459bn of the National Bank’s gross foreign assets as of Oct 1, 2020 (up 21.2% since early 2020), deposits – $2.465bn (down 56.6%), credits – $887.4m (down 10.7%), securities (except shares) – $761.9m (up 220%), foreign exchange – $9.4m (down 79.2%), other assets – $0.002m, unchanged since Jan 1, 2020.
Credits accounted for $257m of the National Bank’s external liabilities as of Oct 1, 2020 (down 39.3% since early 2020), securities (except shares) – none as in the beginning of the year, deposits – $42.7m (down 29.3%), other liabilities – $518.8m (up 1.8%).
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