BRH audited financial statements, fiscal year ended 30 September 2018

BRH audited financial statements, fiscal year ended 30 September 2018

Bank of the Republic of Haiti (BRH) • FY2018 • 45 pages
Summary: Audited financial statements of the Banque de la République d'Haïti for the fiscal year ended September 30, 2018, with KPMG's report, showing total assets of 274.8 billion gourdes and net income of 170.3 million gourdes.
Key Findings
Full Description

The 45-page report by KPMG S.A. presents the central bank's balance sheet, income statement, statement of changes in equity and cash flows for fiscal 2018, with 2017 comparatives in thousands of gourdes, followed by notes on accounting policies and each line item. Total assets rose from 224.9 billion gourdes at September 30, 2017 to 274.8 billion a year later. Foreign currency holdings reached 137.3 billion gourdes and loans and advances to the government and local authorities 93.0 billion, up from 67.0 billion. Notes and coins in circulation grew from 43.4 billion to 52.3 billion gourdes, while capital and reserves fell from 5.7 billion to 2.9 billion. Net interest income was 4.4 billion gourdes and net income 170.3 million. The notes also describe the BRH's legal basis, the law of August 17, 1979, and the rule that 25 percent of net profit goes to the Treasury.

Sectors
Geography
Time Coverage
2017-10 to 2018-09

How to cite

Bank of the Republic of Haiti (BRH), 2019, BRH audited financial statements, fiscal year ended 30 September 2018, https://www.brh.ht/wp-content/uploads/Rapports-des-auditeurs-independants-2018.pdf