The Central Bank grosses between $900 million and $1 billion in profit each year.
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Disgruntled customers said Wednesday that they had been duped by Lebanon's Central Bank (BDL), claiming that collectible gold Lebanese pound bills they purchased were actually gold plated, and primarily made of plastic and nylon.Kazazian is among a number of enthusiasts and collectors who purchased golden bills issued by BDL.But collectors alleged that the bill was composed of a gold-plated nylon sheet. Others claimed that there is an implicit understanding between BDL and certain collectors.The statement asserted that as a souvenir, the price of the bill did not reflect the actual value of the gold it contained, and reminded collectors that the bank would release more bills in the future. BDL also claimed that the bills were not sold for profit, but rather to preserve and celebrate Lebanese history.
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