Key Indicators ASSOCIATION OF BANKS IN LEBANON Issue: November / December 07 LBP= Lebanese Pound; USD= US Dollar; FC= Foreign Currency; ( ) indicates a negative number; CD= Certificate of Deposit; BDL= Banque du Liban. Sources: Ministry of Finance, Banque Du Liban (BDL), Association des Banques du Liban (ABL), Lebanese Customs Administration, CAS. Indicators of Economic Activity (million USD unless otherwise mentioned) 06 Sep-07 Oct-07 Nov-07 - Building permits (000 m ),4 75,06 77,05 - Cement Deliveries (000 tons) 5,47 4 488 447 4,7 - Imports of Goods 8,705,97,690,76 7,05 4- Exports of Goods,977 0 5 9,595 5- Balance of Trade in Goods = (4) - () (5,78) (,087) (,48) (,497) (4,70) 6- Changes of Net Foreign Assets in the Financial Sector,8 457 (888) 68 (,00) 7- Total Checks Cleared (billion LBP) 0,587 6,76 9,57 8,9 9,460 8- BDL Coincident Indicator (Average 9=00) -Index 9.80 9.0 06.00.90 9- CAS Consumer Price Index (Dec 0=00)- Index 98.9 0.08 0.46 0.0 0- BDL FC Gross Reserves (end of period) 4,08 5,058 6,769 5,688 - LBP / USD (period average) 507.50 507.50 507.50 507.50 The Financial sector includes BDL, Commercial Banks, Medium & Long Term Banks, and Financial institutions. The figures in the 06 column are related to the month of December. Research and Statistics Department Saifi Area, Gouraud Street, Beirut Central District P.O. Box 976, Beirut, Lebanon. Tel: 00-96--970500; Fax: 00-96--97050 ;e-mail:abl@abl.org.lb; web site http://www.abl.org.lb
Consolidated Balance Sheet of Commercial Banks - Main Items (end of period - billion LBP) Assets - Deposits of Commercial Banks at BDL 4,6 49,605 5,78 5,6 - Claims on Resident Private Sector 76,94 79,969 80,09 80,55 - in LBP,607 6,5 6,650 6,7 - in FC 5,5 5,77 5,559 5,80 - Claims on Public Sector 5,44 49,9 50,80 49,59 - in LBP 9,54 6,758 8,6 7,976 - in FC,9,6,7,56 4- Foreign Assets 4,84,575,4,607 - o/w Claims on Non Resident Banks 6,945 5,85 6,9 6,8 Liabilities 5- Resident Private Sector Deposits 9,765 0,84 0,858 99,657 - in LBP 76,904 77,85 77,67 7,800 - in FC 6,86 4,469 4,69 6,857 6- Public Sector Deposits 5,956 5,996 6,0 6, 7- Deposits of Non Resident Private Sector 5,96 5,6 5,54 5,808 - in LBP 6,87 6,558 6,49 6,76 - in FC 44,69 46,06 47,095 45,4 8- Deposits of Non Resident Banks 9,467 0,749,6,560 9- Capital Accounts 7,497 8,6 8,7 8, 0- Unclassified Liabilities 9,708,549,96 8,07 - Total (Assets = Liabilities) 07,999,77 5,0 5,94
Interest Rates on LBP Accounts - Simple Average Interest Rate on Deposits of Banks at BDL (%).9.9.9.9 - Weighted Yield on TB's (%) 6.98 6.96 6.96 6.96 - Weighted Average Lending Rate (%) 8.8 8.5 8. 8.8 4- Weighted Average Rate on CDs issued by BDL(%) 8. 8.4 8.5 8.5 5- Weighted Return on Uses of Funds (%) 6.5 6.56 6.56 6.76 6- Weighted Average Rate on Deposits (%) 5.54 5.55 5.55 5.66 7- Spread (%) 4 = (5) - (6) 0.96.0.0.0 Average of the last three months on new loans. Starting January 06, lending rates are calculated according to intermediary circular No 89. Calculated. Average of the last three months on new deposits. 4 Does not take into account the cost of capital. Resident Private Sector Deposits in LBP at Commercial Banks (billion LBP)
Interest Rates on USD Accounts - Average Rate on USD Deposits at BDL (%) 4.0 4.64 4.7 5.5 - Average LIBOR -month on $ Deposits (%) 0.98..6.4 - Weighted Average Interest Rate on Euro-bonds(%) 6.66 6.60 6.65 6.65 4- Weighted Average Lending Rate (%) 7.9 7.6 7.40 7.4 5- Weighted Return on Uses of Funds (%) 4.99 5. 5.6 5.6 6- Weighted Average Rate on Deposits (%) 4.48.64.67.7 7- Spread (%) 5 = (5) - (6).5.69.69.89 Does not take into account the contribution of Paris II by parties other than the domestic commercial banks. Average of the last three months on new loans. Starting January 06, lending rates are calculated according to intermediary circular No 89. Calculated. 4 Average of the last three months on new deposits. 5 Does not take into account the cost of capital. Resident Private Sector Deposits in FC at Commercial Banks (million USD) 4
Outstanding CDs (end of period) CDs issued by BDL in LBP (billion LBP) 4,6 4,049,847,797 CDs issued by BDL in USD (billion USD).9.7.7.0 CDs Issued by Banks on: - the Domestic Market (million USD) 0 0 0 0 - the International Markets (million USD) 500 500 500 500 Outstanding Eurobonds (end of period - million USD) Monetary Data (end of period - billion LBP) - M 0,59 0,495 0,50 0, - M 8,48 8,66 8,04 78,7 - M 00,9 09,5 09,058 06,59 4- M + TB's held by Individuals & Institutional Investors 9,5 94,85 94,069 89,47 5- M - M 7,764 5,689 6,04 8,8 6- (M - M)/M (%) 58.8 60.04 60.9 6.07 5
Public Finance (billion LBP) 06 Sep-07 Oct-07 Nov-07 - Total Receipts 4,959 n.a. n.a. n.a. - Total Payments,4 n.a. n.a. n.a. - o/w debt service 7,484 n.a. n.a. n.a. - Overall Deficit / Surplus = () - () (7,45) n.a. n.a. n.a. 4- Overall Deficit in % of total Payments -.% n.a. n.a. n.a. 5- Primary Balance (cumulative since the beginning of the year) n.a. n.a. n.a. 6- Gross Public Debt,90 7,80 8,99 9,640 6.- Debt in LBP 70,58 7,856 74,594 7,764 6.- Debt in Foreign Currency 4,8 44,964 4,705 45,876 7- Public Sector Deposits, 4,68 5, 5,598 4,456 8- Net Public Debt = (6) - (7) 98,64 0,509 0,70 05,84 Include treasury and budget transactions. Figures as at end of period. Deposits at BDL and the Commercial Banks. 6
Outstanding Lebanese Treasury Bills in LBP (end of period - billion LBP) Portfolio: Amount and share -month 66 0.8 648 0.90 547 0.75 9 0.54 Interest Rate % (last issue) 4.9 4.9 4.9 4.9 6-month 44 0.64 97.,049.4 99.7 Interest Rate % (last issue) 4.87 4.87 4.87 4.87 -month,9.45,657.,88.48,89.6 Interest Rate % (last issue) 5.08 5.08 5.08 5.08 4-month 5,09 7.5 5,797 8.09 6,07 8. 7,9 0. Interest Rate % (last issue) 5.76 5.76 5.76 5.76 6-month 4,8 0.74 0,84 5.4 0,677 4.58 9,889.66 Interest Rate % (last issue) 6.40 6.40 6.40 6.40 60-month 5,46.0 6,.5 6,677.78 6,74.0 Interest Rate % (last issue) 4.94 6.6 6.6 6.6 84-month 4,680.7 6,46.68 6,597.67 4,80 0.46 Interest Rate % (last issue) 6.96 6.96 6.96 6.96 96-month,8.64,8.56,8.50,8.5 Interest Rate % (last issue) no issue no issue no issue no issue 0-month,89 6.4 4,6 9.88 4,77 0.0 5,67 0.95 Interest Rate % (last issue) 7. 7. 7. 7. 44-month,076 4.44,076 4.9,076 4.0,076 4.5 Interest Rate % (last issue) no issue no issue no issue no issue 80-month 5 0. 5 0.0 5 0.9 5 0.0 Interest Rate % (last issue) no issue no issue no issue no issue Total 69,47 00 7,69 00 7, 00 7,8 00 Banking System 59,4 85.9 60,979 85.4 6,855 85.84 6,969 85.6 Public Sector 8,65.44 9,087.69 8,85.05 8,906.0 Individuals and individual institutions,508.7,55.7,54.0,508.08 7