BDL: Financial Sector Deposits at BDL
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| Location Lebanon |
| Series ID 3155 |
| Reference LEB3155D15102024 |
| Currency code LBP |
| Source Economena Analytics, Banque du Liban |
| Frequency Bi-weekly |
| Unit Trillion |
| Aggregation End of Period |
| Note Starting 3/15/2019 and according to the offsetting criteria in IAS 32 and as per IFRS 7 on offsetting financial assets and liabilities, BDL has offset loans with their corresponding deposits of same currency (Lebanese Pounds) and carrying the same maturities. Loans underleverage offsetted against financial sector deposits as at 07/31/2024 equals to LBP 4.37 Trillion. Effective February 1, 2023, Banque du Liban (BDL) announced a change of Lebanon's official exchange rate from 1,507.5 LBP / USD to 15,000 LBP / USD. Based on the Central Council's decision number 48/4/24 dated 02/15/2024, BDL relied on the USD/LBP Electronic Platform rate as of 02/29/2024 equivalent to LBP 89,500. |
| Start date 15 Jan 2011 |
| End date 15 Oct 2024 |
| Useful links www.bdl.gov.lb |
| Tags |
Suggested citation. Use of data is subject to Terms & Conditions Banque du Liban, BDL: Financial Sector Deposits at BDL, retrieved from BRITE; https://brite.blominvestbank.com/series/BDL-Financial-Sector-Deposits-at-BDL-3155/ |
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