This is Beirut, 17/09 11:30 - Reading : 2 minute(s)
The situation returned to calm on Wednesday in downtown Beirut after former security forces veterans staged a protest in the morning. Following this, it was announced that a new cabinet meeting would be held later in the day to continue reviewing the draft budget. As part of their mobilization, protesters burned tires and blocked the road in the ...
Liliane Mokbel, 12/09 15:40 - Reading : 5 minute(s)
Central Bank of Lebanon Banks Banque du Liban Lebanon economy BDL
In a country where figures are often subject to interpretation and fiscal data remains scarce or unreliable, Lebanon’s Central Bank (BDL) seeks to reaffirm its role as a reference point for institutional investors and international markets. It also aims to provide citizens with clear benchmarks to better understand the rationale and direction ...
This is Beirut, 02/09 09:50 - Reading : 1 minute(s)
Banque du Liban Washington OFAC Sanctions
On Tuesday, the Banque du Liban (BDL) issued Circular No. 170, banning the direct or indirect entry of funds linked to Lebanese organizations subject to international sanctions, especially those imposed by the US Office of Foreign Assets Control (OFAC). The central bank cautioned that permitting such financial flows could endanger the ties ...
This is Beirut, 25/08 13:05 - Reading : 2 minute(s)
Association of Banks in Lebanon Banque du Liban Fadi Khalaf ANKURA Lebanon
In his monthly editorial, “Toward Realistic Solutions in 2026,” Secretary-General of the Association of Banks in Lebanon (ABL), Fadi Khalaf, stressed that Lebanese banks intend to play an active role in this critical stage of exiting the crisis. To support this effort, they have engaged the international firm ANKURA to assist in the reform ...
This is Beirut, 15/07 14:50 - Reading : 4 minute(s)
Banks Banque du Liban Central Bank of Lebanon
The circular (No. 170) published by the Banque du Liban, accompanied by Basic Decision No. 13335, marks a decisive turning point in regulating the Lebanese financial sector. By formally banning banks and financial institutions from any relationship with unauthorized entities, particularly the association Al-Qard Al-Hassan, the Banque du Liban is ...
This is Beirut, 14/07 17:30 - Reading : 2 minute(s)
Banks Ibrahim Kanaan lebanon Banque du Liban Yassin Jaber
The parliamentary subcommittee tasked with drafting the long-awaited banking reform bill made significant headway on Monday, as lawmakers inched closer to adopting several key provisions aimed at revamping the financial sector. Chaired by MP Ibrahim Kanaan, the session was attended by Minister of Finance Yassine Jaber, a number of MPs and Central ...
Maurice Matta, 11/07 19:45 - Reading : 5 minute(s)
Lebanon Banks Banque du Liban Economy
At midnight between Monday and Tuesday, June 9, the terms of the four vice governors of the Central Bank of Lebanon (BDL) expired: Wassim Mansouri, Bachir Yaqzan, Salim Chahine, and Alexander Mouradian, along with the mandate of the president and members of the Banking Control Commission and three members appointed as experts to the Capital ...
This is Beirut, 08/07 18:00 - Reading : 1 minute(s)
Banque du Liban Central Bank of Lebanon
The Banque du Liban (BDL) has issued a directive requiring all banks, financial institutions, money exchange companies and electronic money transfer firms operating in Lebanon to accept all authentic US dollar banknotes, regardless of whether they are from older or newer series. In a statement released on Tuesday, the central bank emphasized that ...
This is Beirut, 01/07 18:15 - Reading : less than a minute
Banks Banque du Liban Central Bank of Lebanon lebanon
Banque du Liban (BDL) issued Circular No. 169 on Tuesday, introducing new restrictions on the transfer of deposits abroad in a bid to promote fairness among depositors amid Lebanon’s ongoing financial crisis. Under the new directive, banks are prohibited from transferring deposits outside Lebanon without prior approval from BDL. The measure is ...
This is Beirut, 01/07 11:00 - Reading : 4 minute(s)
Lebanon Banks Banque du Liban Economy
Most members of the Finance and Budget Committee’s subcommittee tasked with reviewing the draft Banking Reform Law agree on the need to protect the legislative reform process from both endless debate and political divisions, which could undermine the urgent financial restructuring Lebanon requires domestically and internationally. Participants ...
This is Beirut, 24/06 20:55 - Reading : 2 minute(s)
Banque du Liban NSSF Ibrahim Kanaan lebanon Adel Nassar Finance and Budget Committee Yassine Jaber
The Finance and Budget Committee, chaired by MP Ibrahim Kanaan, convened on Tuesday to review a proposed supplementary credit of 2,000 billion Lebanese liras to the national budget. The session, held in the presence of Finance Minister Yassine Jaber, Justice Minister Adel Nassar, numerous MPs and representatives from key public institutions, ...
This is Beirut, 18/06 15:50 - Reading : less than a minute
Banks Banque du Liban Central Bank of Lebanon Lebanon
The Central Bank of Lebanon (BDL) announced on Wednesday a one-year extension of Circulars 158 and 166, initially set to expire on June 30, 2025. The decision, which comes amid a prolonged financial crisis, aims to address the pressing needs of depositors and help preserve social stability. As part of the extension, BDL also increased the monthly ...