Revealed on 7 April 2020
Manama, Bahrain, 7 April 2020 – The Central Financial institution of Bahrain (CBB) month-to-month statistical bulletin for February 2020 indicated an general enchancment in financial and banking indicators in comparison with the identical period-end of final yr. Cash provide (M3) elevated considerably, reaching BD13,Eight billion as at finish of February 2020, in comparison with BD12,9 billion as on the identical period-end final yr, a rise of seven.0%. As well as, complete excellent stability of public debt devices which incorporates Growth Bonds, Treasury Payments, Islamic Leasing securities and Al Salam Islamic securities elevated on the finish of February 2020 to BD12,Zero billion, in comparison with BD11,5 billion in February 2019.
The info additionally indicated a rise within the complete stability sheet of the banking system from USD 198.Four billion on the finish of February 2019 to USD 208.2 billion on the finish of February 2020, a major improve of BD9.Eight billion, or 4.9%, within the 12-month interval.
The stability sheet of retail banks elevated by BD2.3billion, or 6.9%, reaching a complete of BD35.6 billion on the finish of February 2020 in comparison with BD33.three billion as at finish of February 2019. The info additionally exhibits a rise in native non-bank deposits which amounted to BD 13.2 billion on the finish of February 2020 in comparison with BD12.Four billion on the finish of February 2019, a rise of 6.5%.
The overall worth of excellent loans and credit score services offered by retail banks amounted to BD9,Eight billion at finish of February 2020 in comparison with BD 9,6 billion on the finish of February 2019, a rise of two.1%. This quantity contains loans and services offered to the non-public sector amounting to BD4,Four billion on the finish of February 2020 in comparison with BD4,2 billion on the finish of the identical interval final yr.
The info signifies that bank card and debit card transactions throughout Level of Gross sales (POS) terminals amounted to BD205.7 million in February 2020 in comparison with BD168.Eight million in February 2019; marking a major improve of BD36.9 million or 21.8%.
Central Financial institution of Bahrain printed this content material on 07 April 2020 and is solely chargeable for the knowledge contained therein. Distributed by Public, unedited and unaltered, on 07 April 2020 09:17:01 UTC