NEW LEBANON NATIONAL PAYMENT SYSTEM
Properly functioning payment systems enhance the stability of the financial system, change the speed of the movement of money within the national economy, and enable efficient and optimum utilization of financial resources...read more
The Code of Money and Credit was promulgated by Legislative Decree N° 13513 of August 1, 1963. It established the Banque du Liban as a moral person of public law, bestowed with the privilege of issuing the national currency.Details
Banque du Liban was established by the Code of Money and Credit & started to operate effectively in 1964.
BDL is a legal public entity enjoying financial & administrative autonomy. It is not subject to the management rules and controls applicable to the public sector…
BDL is maintaining its commitment to exchange rate stability, reinforcing confidence and stability in the financial system as a whole. BDL has all the means to confront any crisis that may hit the economy with its record level of assets in foreign currencies, exceeding USD 36 billion in February 2014, excluding gold.details MONETARY POLICY