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 moreAt the monetary level, BDL’s main commitments have been to maintain exchange rate and interest rate stability. BDL’s record level of foreign assets, which have exceeded USD 38 billion in March 2015 excluding gold, provides it with more than sufficient means to confront any crisis.
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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…
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