$14.65 Billion in Assets of the Bahraini “Central Bank”

  • Manama, Bahrain
  • 26 June 2023
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CBB's assets increased to more than BD5.5 billion (US$14.65 billion) by the end of April 2023, the highest level in the Bank's history.

The financial statements showed that the assets of the Central Bank increased continuously to reach 5.5 billion dinars compared to about 4.8 billion dinars in 2022, about 4.1 billion dinars in 2021, about 3 billion dinars in 2020, about 3.1 billion dinars in 2019, and about 2.4 billion dinars in 2018.

Local assets amounted to about 3.97 billion dinars, of which 2.99 billion dinars are demanded by the government, about 655 billion dinars are claimed by local banks, and other assets amounted to 324 million dinars. As for foreign currency assets, they amounted to about 1.57 billion dinars, in addition to gold at a cost price of 2.5 million dinars, and at a market price estimated at more than 110 million dinars.

Source (Al-Arabiya.net Website, Edited)

 

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