February 1 (SeeNews) - The Bulgarian National Bank (BNB) said on Wednesday that the liabilities and equity of its Banking Department totalled 8.2 billion levs ($4.38 billion/4.2 billion euro) at the end of January, little changed from a month earlier, BNB figures showed.
Following are figures from the Banking Department's balance sheet (in millions of levs):
|
end-Jan |
end-Dec |
TOTAL LIABILITIES AND EQUITY |
8,203.8 |
8,238.2 |
TOTAL LIABILITIES |
3,658.4 |
3,700.8 |
- Borrowings from IMF |
0 |
0 |
- Liabilities to international financial institutions |
3,482.8 |
3,515.15 |
- Other liabilities |
175.6 |
185.7 |
TOTAL EQUITY |
4,545.3 |
4,537.5 |
- Capital |
20 |
20 |
- Reserves |
4,505.0 |
4,504.2 |
- Retained profit/loss |
20.2 |
13.3 |
TOTAL ASSETS |
8,203.8 |
8,238.2 |
Non-monetary gold and other precious metals |
38.4 |
37.8 |
- Dues from government |
0 |
0 |
- Capital investments and IMF quota |
2,080.6 |
2,099.3 |
- Fixed assets |
138.5 |
139.4 |
- Other assets |
13.36 |
13.9 |
- Deposit with BNB's Issue Department |
5,932.9 |
5,947.9 |
Bulgaria is operating an IMF-prescribed restrictive monetary mechanism called a currency board system that pegs the lev to the euro at a fixed exchange rate and bans the BNB from lending to the government. The Banking Department can be a lender of last resort to local commercial banks but only to ward off systemic risk.