May 8 (SeeNews) - The liabilities and equity of the Bulgarian National Bank's (BNB) Banking Department totalled 7.26 billion levs ($4.9 billion/3.7 billion euro) at the end of April, 5.7% lower than a month earlier, BNB figures showed.
Following are figures from the Banking Department's balance sheet as issued on its website on Tuesday (in millions of levs):
|
April'30 |
March'29 |
TOTAL LIABILITIES AND EQUITY |
7,256.838 |
7,691.581 |
TOTAL LIABILITIES |
2,770.318 |
2,812.912 |
- Borrowings from IMF |
0.0 |
0.0 |
- Liabilities to international financial institutions |
2,748.070 |
2,784.823 |
- Other liabilities |
22.248 |
28.089 |
TOTAL EQUITY |
4,486.520 |
4,878.669 |
- Capital |
20.0 |
20.0 |
- Reserves |
4,425.822 |
4,681.748 |
- Retained profit |
40.698 |
176.921 |
TOTAL ASSETS |
7,256.838 |
7,691.581 |
- Non-monetary gold and other precious metals |
40.027 |
44.220 |
- Dues from government |
0.0 |
0.0 |
- Bulgaria IMF quota and holdings in other international financial institutions |
1,474.663 |
1,493.034 |
- Fixed assets |
167.887 |
168.392 |
- Other assets |
9.317 |
9.385 |
- Deposit with BNB's Issue Department |
5,564.944 |
5,976.550 |
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.
(1 euro = 1.95583 Bulgarian levs)