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NewsBank liquid assets and capital increase in September 2024, despite annual decline

Bank liquid assets and capital increase in September 2024, despite annual decline

As of the end of September, the liquid assets of banks amounted to €1.53 billion, reflecting a 2.63% increase compared to August.

However, compared to the same month last year, liquid assets were 12.75% lower.

The liquidity ratios for the banking sector, both on a daily and decadal basis, remained above the prescribed minimum levels.

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The balance sheet total of banks at the end of September stood at €6.98 billion, showing a slight increase of 0.05% compared to August, while on a yearly basis, it grew by 2.95%.

In terms of the bank’s asset structure, loans dominated with a share of 64.11%, followed by securities at 18.64%, and cash and deposits with central banks, accounting for 14.12%. Other assets represented 3.13% of total assets.

On the liabilities side, deposits held the largest share at 81.18%, followed by capital at 12.72%, borrowings at 2.81%, with other liabilities accounting for 3.29% of total liabilities.

The total capital of banks at the end of September amounted to €887.66 million, which represents a monthly increase of 1.45% and a yearly rise of 9.79%.

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