The consolidated budget of commercial banks at the end of 2021 witnessed developments in all of its items on both sides of assets and liabilities, bringing the total assets within the consolidated budget to about 135,977 million dinars, compared to 126.107 million dinars at the end of 2020, with an increase of 9,869 million dinars, which means a rate of 7.8%.
The report revealed an analysis of the items constituting the consolidated budget of commercial banks, including cash assets in safes and clearing accounts, the cash balance in safes and clearing accounts increased by 2,180 million dinars, or 32.4%, to reach 8,912 million dinars at the end of 2021, compared to 6, 731 million dinars at the end of 2020, due to an increase in cash in bank coffers by 1,724 million dinars, while the item of clearing accounts increased by 456.2 million dinars at the end of 2021.
As for balances and deposits with the Central Bank of Libya and other banks, they amounted to about 89,916 million dinars at the end of 2021, compared to 89,836 million dinars at the end of 2020, with a slight increase of 0.1%, as a result of the increase in the balance of their deposits with correspondents abroad, as well as with the Libyan Bank. The foreign exchange amounted to 1,210 million dinars and 6,103 million, respectively, and an important part of this increase was the result of the revaluation after adjusting the exchange rate at the beginning of the year 2021 despite the decrease in the balance of demand deposits with the Central Bank of Libya by 3,789 million dinars, as well as a decrease in the balance of certificates of deposit by 2,948 million dinars.