Bank Audi: Financial Assets at Amortized Cost
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| Location Lebanon |
| Series ID 135120 |
| Reference LEB135120A2023 |
| Currency code LBP |
| Source Economena Analytics, Bank Audi |
| Frequency Annual |
| Unit Trillion |
| Aggregation End of Period |
| Note Data for 2008 and 2009 are calculated by Economena as the sum of financial instruments held to maturity and financial assets classified as loans and receivables. In February 2023, the Central Bank of Lebanon changed the official published exchange rate from LBP 1,507.5 to LBP 15,000 to the US Dollar. In January 2024, the Central Bank of Lebanon changed the official published exchange rate from LBP 15,000 to LBP 89,500 to the US Dollar. The Bank’s financial statements have been compiled and prepared in accordance with the regulatory requirements, especially in terms of translating all foreign currencies against the Lebanese Pound according to the prevailing official exchange rates issued by the Central Bank of Lebanon. As per regulatory requirements, Bank Audi publishes its figures in LBP, whereby most balances and transactions in foreign currencies, irrespective of their nature and source, are translated from the USD using the prevailing official exchange rate for the period as published by the Central Bank of Lebanon. As per regulatory requirement, some balances in foreign currencies are translated to LBP using other rates. The official exchange rate stood at LBP 1507.5 per USD as at end-December 2022 and LBP 15,000 per USD as at end-December 2023. Disclaimer: the figures were published to comply with regulatory publishing requirements for listed banks operating in Lebanon. They should not be relied upon for decision-making, and they should be read in conjunction with the full set of financial statements and related disclosures as published on the Bank’s website. |
| Description Debt instruments classified at amortized cost. |
| Start date 2011 |
| End date 2023 |
| Useful links www.bankaudi.com.lb |
| Tags |
Suggested citation. Use of data is subject to Terms & Conditions Bank Audi, Bank Audi: Financial Assets at Amortized Cost, retrieved from BRITE; https://brite.blominvestbank.com/series/Bank-Audi-Financial-Assets-at-Amortized-Cost-135120/ |
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