Company Insights 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 Opinion Development Trump must focus on rebuilding a war-torn Middle East It is imperative that the US addresses reconstruction in the region November 20, 2024 Opinion Economy Lebanon conflict will only exacerbate existing economic crisis The country is battling core infrastructure damage, collapsed business activity and decimated tourism October 9, 2024 Opinion Finance Home is where the heart is for GCC wealth funds The Gulf's SWFs are stepping up domestic investment September 5, 2024 Opinion Economy Trump redux could bring in the law of unintended consequences Gulf states need to expect the unexpected as an 'America First' agenda could fragment global trade August 5, 2024 Opinion Tech A GCC spaceport could bring galactic gains It would support the development of the space economy in its multiple dimensions July 4, 2024 Opinion Trade The GCC will benefit from a US-China chill The Gulf's expanding strategic links with Asia mean higher growth at home June 4, 2024 Opinion Sustainability The Gulf superstorm is a climate change omen As GCC nations diversify their economies, it is critical that new policies are green by design May 6, 2024 EXCLUSIVE Banking & Finance Lebanon launches plan to promote use of bank cards Lebanese central bank Banque du Liban announced a new agreement on Thursday that it hopes will result in a rebound in the use of bank cards. As part of the agreement, Mastercard and Visa will lower card fees on transactions, particularly for people with bank accounts based outside Lebanon. In a press release, the bank […] April 19, 2024 Opinion Economy Economic diversification is the GCC’s top priority Saudi Arabia has taken great steps to diversify its economy – Kuwait must follow suit April 3, 2024 Opinion Finance Grey list removal is milestone for investor confidence Coming off the FATF list is testament to UAE's willingness to improve overall governance March 1, 2024 Posts navigation 1 2 3 Next
Opinion Development Trump must focus on rebuilding a war-torn Middle East It is imperative that the US addresses reconstruction in the region November 20, 2024
Opinion Economy Lebanon conflict will only exacerbate existing economic crisis The country is battling core infrastructure damage, collapsed business activity and decimated tourism October 9, 2024
Opinion Finance Home is where the heart is for GCC wealth funds The Gulf's SWFs are stepping up domestic investment September 5, 2024
Opinion Economy Trump redux could bring in the law of unintended consequences Gulf states need to expect the unexpected as an 'America First' agenda could fragment global trade August 5, 2024
Opinion Tech A GCC spaceport could bring galactic gains It would support the development of the space economy in its multiple dimensions July 4, 2024
Opinion Trade The GCC will benefit from a US-China chill The Gulf's expanding strategic links with Asia mean higher growth at home June 4, 2024
Opinion Sustainability The Gulf superstorm is a climate change omen As GCC nations diversify their economies, it is critical that new policies are green by design May 6, 2024
EXCLUSIVE Banking & Finance Lebanon launches plan to promote use of bank cards Lebanese central bank Banque du Liban announced a new agreement on Thursday that it hopes will result in a rebound in the use of bank cards. As part of the agreement, Mastercard and Visa will lower card fees on transactions, particularly for people with bank accounts based outside Lebanon. In a press release, the bank […] April 19, 2024
Opinion Economy Economic diversification is the GCC’s top priority Saudi Arabia has taken great steps to diversify its economy – Kuwait must follow suit April 3, 2024
Opinion Finance Grey list removal is milestone for investor confidence Coming off the FATF list is testament to UAE's willingness to improve overall governance March 1, 2024
