This is Beirut, 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 ...
This is Beirut, 16/06 17:05 - Reading : 3 minute(s)
International Monetary Fund Banks Central Bank of Lebanon Israel Joseph Aoun Lebanon Palestine Nawaf Salam Joe Raggi
In a landmark session held on Monday at Baabda Palace, the Cabinet ended an eight-year stalemate by approving a sweeping reshuffle of diplomatic appointments, signaling what officials described as a return to institutional order within the Ministry of Foreign Affairs. Meeting since 10:30 AM, the Council of Ministers approved the full list of new ...
Maurice Matta, 05/06 16:00 - Reading : 4 minute(s)
Banque du Liban Central Bank of Lebanon International Monetary Fund Banks Joseph Aoun
The terms of the four vice-governors of the Lebanese Central Bank (BDL) will expire on June 11, along with those of the chairman and members of the Banking Control Commission, as well as three experts on the Capital Markets Authority. In line with Article 18 of the Code of Money and Credit, the governor of BDL is appointed by decree for a ...
Johnny Kortbawi, 03/06 18:40 - Reading : 2 minute(s)
Banks Central Bank of Lebanon economy finance
Lebanon’s economic crisis cannot be measured solely by the six years since its visible eruption in September 2019. Its roots extend much further back—to 1992 and the first government formed after the Taif Agreement. This period marked the beginning of Lebanon’s modern economic policies, shaped by the country’s financial establishment with ...
This is Beirut, 27/05 21:40 - Reading : 3 minute(s)
Banks Hassan Nasrallah Central Bank of Lebanon Hezbollah Israel
Al-Qard al-Hassan, a financial institution linked to Hezbollah and operating through 34 branches in areas controlled by the militia, has recently drawn attention for its role in the group’s financial operations. The Israeli think tank Alma Research and Education Center, which focuses on security issues in northern Israel, has provided ...
This Is Beirut, 22/05 15:20 - Reading : 2 minute(s)
Banks Banque du Liban Central Bank of Lebanon Finances Parliament Lebanon
Lebanon’s Central Bank (BDL) announced in an official statement that it remains committed to transparency and integrity within the financial sector. It is actively pursuing legal procedures in collaboration with specialized law firms across several European countries and other international jurisdictions. This effort aims to initiate judicial ...
This Is Beirut, 15/05 12:00 - Reading : 7 minute(s)
Banque du Liban Beirut International Airport Central Bank of Lebanon Hezbollah Internal Security Forces
On Thursday, May 15, MPs gathered at Nejmeh Square for a legislative session with an exceptionally heavy agenda: 83 draft laws were submitted for review, underscoring a chronic governance crisis oscillating between institutional paralysis and reform efforts. Only one law was approved by the end of the session: an amended law criminalizing ...
This is Beirut, 14/05 15:30 - Reading : 1 minute(s)
Banks Central Bank of Lebanon Lebanon Karim Souhaid Ibrahim Kanaan
Central Bank Governor Karim Souhaid took part in a session of the subcommittee of the parliamentary Finance and Budget Committee on Wednesday, where deliberations centered on the government’s proposed bank restructuring law. The meeting was held in the presence of Committee Chairman MP Ibrahim Kanaan, Minister of Finance Yassine Jaber and other ...
This is Beirut , 10/05 15:45 - Reading : 1 minute(s)
Central Bank of Lebanon Banque du Liban Lebanon
According to its latest balance sheet, Lebanon’s Central Bank (BDL) reported total assets of $93.86 billion as of the end of April 2025, reflecting a modest 0.33% year-on-year increase. This comes in the wake of BDL’s adoption of a new official exchange rate of 89,500 LBP/USD on February 1, 2024. A standout figure in the report is the sharp ...
Marc Saikali, 08/05 11:25 - Reading : 2 minute(s)
Central Bank of Lebanon Banks Joseph Aoun lebanon Karim Souhaid
"The Central Bank of Lebanon (BDL) has a major responsibility in restoring confidence in the banking system." Those were the words of the President of the Republic during his visit this Wednesday to the headquarters of the Central Bank. The days when another President Aoun launched heavy-handed attacks on the ...
Christiane Tager, 28/04 22:05 - Reading : 3 minute(s)
Banks Banque du Liban Central Bank of Lebanon
After nearly six years of economic and financial turmoil, Lebanon has taken a long-anticipated step by issuing higher-denomination banknotes. Last Thursday, the Lebanese Parliament approved a draft law presented by MP Ziad Hawat, after nearly two years of legislative wrangling, granting the Banque du Liban (BDL) permission to issue notes of LBP ...
This is Beirut, 28/04 12:45 - Reading : 2 minute(s)
ABL Banks Central Bank of Lebanon Fadi Khalaf
Fadi Khalaf, Secretary General of the Association of Banks in Lebanon (ABL), is calling for a realistic restructuring plan that balances financial reform with the protection of depositors' rights amid an unprecedented systemic crisis. In the editorial of the ABL's monthly report, titled “A Realistic Vision for Restructuring: Between Reform and ...