This is Beirut, 02/10 11:50 - Reading : 9 minute(s)
Lebanon IMF Central Bank Banks Depositors
As Lebanon faces multiple challenges with economic and financial recovery from the country’s 2019 economic collapse, two interconnected issues remain particularly controversial: recovering the money of Lebanese who lost access to their bank deposits and holding those responsible for squandering their money ...
Liliane Mokbel, 04/04 15:40 - Reading : 2 minute(s)
Banks Central Bank of Lebanon Karim Souhaid Governor Depositors
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 ...
Liliane Mokbel, 21/01 19:10 - Reading : 3 minute(s)
Banks Central Bank of Lebanon Depositors Syrians
During a visit to Syria in early January, caretaker Prime Minister Najib Mikati was met with a striking demand from the country’s new ruler, Ahmad al-Sharaa: the restitution of Syrian deposits held in Lebanese banks. While the request might appear justified on the surface, it lacks clarity and a solid legal foundation, according to a legal ...
This is Beirut, 2024-11-12 17:55 - Reading : 1 minute(s)
Banks Central Bank of Lebanon Depositors
According to reliable sources, This is Beirut has learned that, in the coming months, the Central Bank (BDL) plans to continue providing two monthly payments instead of one to the beneficiaries of circulars 158 and 161, which allow exceptional withdrawals in fresh dollars. The BDL has decided to respond to the current critical situation by ...
This is Beirut, 2024-10-31 17:40 - Reading : less than a minute
Banks Central Bank of Lebanon Depositors Circular 158 circular 166
Beneficiaries of Central Bank (BDL) circulars 158 and 166 will receive two monthly payments for November instead of one, as announced by This is Beirut on Wednesday. Due to the “urgent circumstances” that Lebanon is currently experiencing, the BDL Central Council requested in a statement released on Thursday that banks provide two ...