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The Banque de Syrie et du Grand-Liban was a French-chartered concessionary bank — not a state central bank — granted the right of issue under the Mandate regime. Its notes circulated across both Syria and Greater Lebanon, territories administered separately but sharing a common currency, the Syrian-Lebanese pound pegged to the French franc at a fixed rate established in 1924.

Imprimerie Nationale was the official French state printing house, the same institution responsible for French government securities and official documents. Its involvement here reflects the Mandate's tight metropolitan control over financial infrastructure in the Levant.

By 1930 the franc peg was already creating pressure, as France's post-stabilization currency had significantly appreciated against regional trading partners.