Change in Net Foreign Assets: Banks & Financial Institutions
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| Location Lebanon |
| Series ID 2534 |
| Reference LEB2534M012025 |
| Currency code USD |
| Source Economena Analytics, Banque du Liban |
| Frequency Monthly |
| Unit Billion |
| Aggregation Period Sum |
| 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. |
| Start date Jan 2011 |
| End date Jan 2025 |
| Useful links www.bdl.gov.lb |
| Tags |
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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