Commercial Banks: Claims on Resident Financial Sector in Foreign Currencies
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| Location Lebanon |
| Series ID 130247 |
| Reference LEB130247M032025 |
| Currency code LBP |
| Source Economena Analytics, Association of Banks in Lebanon |
| Frequency Monthly |
| Unit Trillion |
| Aggregation End of Period |
| Note Values are according to IFRS 9 accounting standards. 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. Effective January 31st 2024, and in accordance with Circular No. 167, Banks and Financial Institutions are required to convert their Balance Sheets' Accounts in Foreign Currencies to Lebanese pounds at the Official Exchange Rate of 89,500 LBP per dollar when preparing their financial positions. Revised figures for December 2024. |
| Start date Jan 2017 |
| End date Mar 2025 |
| Useful links www.abl.org.lb |
| Tags |
Suggested citation. Use of data is subject to Terms & Conditions Association of Banks in Lebanon, Commercial Banks: Claims on Resident Financial Sector in Foreign Currencies, retrieved from BRITE; https://brite.blominvestbank.com/series/Commercial-Banks-Claims-on-Resident-Financial-Sector-in-Foreign-Currencies-130247/ |
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