Banque du Liban

Navigating Dollar Fluctuations: Avoiding Overreliance

par Liliane Mokbel, 17/01 22:43 - Reading : 3 minute(s)

Banque du Liban dollar Dollar Fluctuations

Initiating an adjustment of the dollar exchange rate at 89,500 Lebanese pounds before transitioning to a floating exchange rate regime is a prudent and essential measure. While standardizing the exchange rate is vital for economic revitalization, a key question remains: Does this imply a floating system, where the dollar-to-pound exchange rate is ...

ABL: To Safeguard Depositors' Rights

par This Is Beirut, 23/01 18:58 - Reading : less than a minute

ABL Banque du Liban

The Association of Banks in Lebanon (ABL) is working to guarantee depositors' rights in the short term while awaiting definitive solutions, it said in a statement issued on Tuesday, following a meeting between its board of directors and Banque du Liban's Interim Governor Wassim Mansouri and deputy governors. They discussed the best possible ...

EDL: Fees Abolished or Reduced

par This Is Beirut, 06/02 15:42 - Reading : 1 minute(s)

Banque du Liban

Électricité du Liban (EDL) announced on Tuesday that certain charges have been abolished or reduced, based on decisions taken by its Board of Directors following approval by the relevant ministerial authorities. These amendments will be reflected in electricity bills issued from May 2023 onwards, with printing starting next week, according to a ...

Mansouri at the UBA Forum: 'We're Working Hard to Avoid the Grey List'

par This Is Beirut, 22/08 16:24 - Reading : 3 minute(s)

Banque du Liban

Wassim Mansouri, the first vice-governor of Banque du Liban (BDL), said on Thursday that “Banque du Liban is working to establish a state of stability pending major solutions that require the action of political forces," and he emphasized that “we are still working hard to prevent Lebanon from being included on the FATF's grey list.” In a ...

BDL and Government Prioritize Palliative Solutions

par Liliane Mokbel, 26/09 20:20 - Reading : 2 minute(s)

Banque du Liban

In the aftermath of an absurd war, presented as support for Gaza, the Banque du Liban (BDL) and the Lebanese government have once again been compelled to rely on palliative solutions in the absence of more radical alternatives. In a memo signed by BDL Acting Governor Wassim Mansouri, banks have been instructed to provide beneficiaries of ...

Search
bainnère publicitaire
Latest news