Karim Souhaid

Will Banking Reforms Spark a Crisis Between Souhaid and Salam?

It seems that the relationship between Banque du Liban (BDL) Governor Karim Souhaid and Prime Minister Nawaf Salam is far from ideal. In fact, it can be described as tense – a situation that didn’t arise recently but dates back to Souhaid’s appointment as Governor of the Central Bank, which was secured through a majority vote in the ...

Souhaid Attends Finance Committee Meeting on Bank Restructuring Law

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 ...

Souhaid Unveils Roadmap as Central Bank Governor

The new governor highlighted several priorities: strengthening BDL’s governance, ensuring the return of deposits, restructuring the banking sector, and remaining open to all proposals aimed at resolving the banking system crisis. “Deposits are guaranteed, and their repayment must be managed through shared responsibility between the banks, BDL ...

BDL’s 62-Year Journey: From Philippe Takla to Karim Souhaid

During a session held at Baabda Presidential Palace, chaired by President Joseph Aoun, the Cabinet appointed Karim Souhaid as Governor of the Lebanese Central Bank (BDL). The decision followed a ministerial vote, with Souhaid securing 17 votes out of 24 from the Lebanese government ministers. Despite strong opposition from Prime Minister Nawaf ...

Cabinet Appoints Karim Souhaid as Governor of Lebanon's Central Bank

The Council of Ministers appointed a new governor for Lebanon’s Central Bank on Thursday, more than a year and a half after the former governor, Riad Salameh, had retired. Karim Souhaid became the new head of the central bank, or BDL, following a vote in which he secured the support of 17 ministers out of 24. The Cabinet resorted to voting ...