Change in Net Foreign Assets: Banks & Financial Institutions
Last value
Previous value
Percent year over year change
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6m
3y
YTD
All
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Location
Lebanon |
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Series ID
2534 |
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Reference
LEB2534M062026 |
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Currency code
USD |
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Source
Economena Analytics, Banque du Liban |
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Frequency
Monthly |
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Unit
Billion |
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Aggregation
Period Sum |
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Note
Net of valuation changes. A non-resident private sector deposit, which occurred in August 2019, has been reclassified from "special long-term liabilities" to "foreign liabilities" in the BDL Balance Sheet. The change in banks' net foreign assets in February 2023 is mainly explained by the decline in banks' LBP foreign liabilities when evaluated in US Dollars at the new official exchange rate of 15,000 LBP/USD. Based on the Central Council's decision number 48/4/24 dated 15/02/2024, The BdL Electronic Platform Exchange Rate of 89,500 LBP per dollar has been adopted in the Monetary Statistics report starting Jan 31st 2024. The increase in October is mainly attributed to the reclassification of some capital accounts as per residency criteria. Revised figures for December 2024. |
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Start date
Jan 2011 |
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End date
Jun 2026 |
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Useful links
www.bdl.gov.lb |
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Suggested citation. Use of data is subject to Terms & Conditions
Banque du Liban, Change in Net Foreign Assets: Banks & Financial Institutions, retrieved from BRITE; https://brite.blominvestbank.com/series/Change-in-Net-Foreign-Assets-Banks-and-Financial-Institutions-2534/ |
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