BDL: Loans to the Financial Sector
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| Location Lebanon |
| Series ID 3149 |
| Reference LEB3149D15042024 |
| 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 Financial Instruments: Presentation (IAS 32 amendments) and the disclosure on offsetting financial assets and financial liabilities in IFRS 7 Financial Instruments: Disclosure (IFRS 7 amendments) the Central Bank of Lebanon has offset loans with their corresponding deposits originated simultaneously with banks in Lebanese Pounds carrying same maturities. 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 Apr 2024 |
| Useful links www.bdl.gov.lb |
| Tags |
Suggested citation. Use of data is subject to Terms & Conditions Banque du Liban, BDL: Loans to the Financial Sector, retrieved from BRITE; https://brite.blominvestbank.com/series/BDL-Loans-to-the-Financial-Sector-3149/ |
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