10 Livres

The Banque de Syrie et du Liban was a French-chartered institution operating under mandate authority, and by 1947 that mandate was effectively dead — Syria had achieved independence in 1946, Lebanon in 1943. These notes were issued into a political vacuum, with the bank continuing to function as the currency authority even as both states sought to establish their own financial institutions. The arrangement collapsed definitively when Lebanon formed the Banque du Liban in 1964.

Clément Serveau designed extensively for French colonial and mandate currencies during this period, and Deloche's engraving work is consistent with Banque de France production quality of the late 1940s.