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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Videos: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by Momodou[/i] [br][b][size=4]Gambia domestic debt is D32.5B as at July[/size=4] The Point: Monday, September 02, 2019[/b] The governor of the Central Bank of The Gambia on Thursday disclosed in a press conference that the stock of domestic debt stood at D32.5 billion as at end July 2019 compared to D31.2 billion in the corresponding period a year ago. He said stock of Treasury and Sukuk-Al Salaam bills, accounting for 58.3% of outstanding domestic debt, increased by 8.8% to D18.9 billion during the period under review. “From December 2018 to July 2019, the yields on the 91-day, 182-day and 364-day treasury bills declined to 3.98% and 8.77% respectively from 5.06%, 7.04% and 9.48% in the period last year.” On banking sector, he said according to the financial soundness indicators, the banking sector remains adequately capitalized, highly liquid and profitable. He added that the risk-weighted capital adequacy ratio stood at 29.0%, well above the statutory minimum of 10%. “The ratio of liquid assets to total assets was 57.9% at end June 2019 compared to 56.6% a year ago. Liquid asset to deposit ratio stood at 95.6% compared to the statutory requirement of 30%. Total deposits stood at D31.0 billion as at end June 2019, an increase of 25.7% from June 2018.” As at end-June 2019, he disclosed that total assets of the banking industry increased by 25.4% to D47.5 billion, adding that the ratio of non-performing loans to gross loans declined to 2.3% from 2.7% a year ago, largely reflecting enhanced credit administration processes and effective loan recovery measures. Author: Pa Modou Cham [/quote]   Check here to include your profile signature.