National Bank’s net foreign assets down 6.1% in Jan-Jul 2020 to $8.281bn
<p> MINSK, Aug 17 – PrimePress. Net foreign assets of the National Bank of Belarus (NBB) amounted to U.S. $8.281 billion in Jan-Jul, 2020 against Jan 1, 2020, down 6.1%, 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 7.2% in Jan-Jul 2020 to $9.101 billion and a 17.4% decrease in foreign liabilities to $820.2 million as of Aug 1, 2020. </p> <p> </p> <p> Monetary gold accounted for $3.589bn of the National Bank’s gross foreign assets as of Aug 1, 2020 (up 25.8% since early 2020), deposits - $3.767bn (down 33.7%), credits - $987.2m (down 0.7%), securities (except shares) - $748.9m (up 220%), foreign exchange - $9.4m (down 79.1%), other assets – $0.005m against $0.002 as of Jan 1, 2020. </p> <p> </p> <p> Credits accounted for $254.7m of the National Bank’s external liabilities as of Aug 1, 2020 (down 39.9% since early 2020), securities (except shares) – none as in the beginning of the year, deposits - $43m (down 28.7%), other liabilities - $522.5m (up 2.5%). </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>
2020-08-17
Primepress
National Bank’s net foreign assets down 6.1% in Jan-Jul 2020 to $8.281bn
MINSK, Aug 17 – PrimePress. Net foreign assets of the National Bank of Belarus (NBB) amounted to U.S. $8.281 billion in Jan-Jul, 2020 against Jan 1, 2020, down 6.1%, 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 7.2% in Jan-Jul 2020 to $9.101 billion and a 17.4% decrease in foreign liabilities to $820.2 million as of Aug 1, 2020.
Monetary gold accounted for $3.589bn of the National Bank’s gross foreign assets as of Aug 1, 2020 (up 25.8% since early 2020), deposits - $3.767bn (down 33.7%), credits - $987.2m (down 0.7%), securities (except shares) - $748.9m (up 220%), foreign exchange - $9.4m (down 79.1%), other assets – $0.005m against $0.002 as of Jan 1, 2020.
Credits accounted for $254.7m of the National Bank’s external liabilities as of Aug 1, 2020 (down 39.9% since early 2020), securities (except shares) – none as in the beginning of the year, deposits - $43m (down 28.7%), other liabilities - $522.5m (up 2.5%).
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