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Banque du Liban

Banking & Finance

Banque du Liban Overview

Banque du Liban (BDL) is Lebanon’s central bank, established in 1963.

It is central to the Lebanese economy, overseeing monetary policy, regulating the banking sector and issuing the Lebanese Pound.

BDL aims to ensure financial stability through its management of over 100 banks, maintaining liquidity and credit flow while promoting the soundness of the banking sector.

BDL’s assets include a 99.37% stake in Middle East Airlines and a controlling interest in Intra Investment Company, which owns 53% of Casino du Liban.

It is a legally autonomous public entity, with branches across Lebanon led by the governor, assisted by vice governors and the Central Council, which determines monetary and credit policies.

One of BDL’s priorities is to support Lebanon’s knowledge economy, particularly encouraging banks to invest in startups that guarantee up to 75% of these investments.

The bank also manages Lebanon’s Capital Markets Authority and the Special Investigation Commission, which oversees anti-money laundering efforts and financial security.

BDL says it regularly collaborates with the Lebanese government to align fiscal and monetary policies, ensuring economic stability and growth.

Banque du Liban News

Shoppers in Baalbek, Lebanon. The government is planning to unlock customers' bank deposits after lengthy delays

Lebanon to refund locked bank deposits

Lebanon’s new government and the central bank are devising a plan for commercial banks to pay billions in locked deposits to bank customers. Wasim Al-Mansouri, the central bank’s acting governor, on Tuesday told the Saudi Arabian daily Aleqtisadiah that a solution would not be possible without the presence of an executive authority capable of drawing […]

People celebrate after Lebanon's army chief Joseph Aoun was elected president, in the town of Klayaa, southern Lebanon

New Lebanese president faces uphill task on economy

Joseph Aoun, the new Lebanese president who was elected on Thursday, faces an uphill task of pulling his country out of the worst financial crisis since independence, according to analysts. After a presidential vacuum of more than two years, the 60-year-old Maronite Christian and former army commander takes over the Baabda presidential palace against the […]