Banque du Liban
- The Central Bank of Lebanon The Lebanese
central bank and monetary authority, with control over
bank supervision and regulation.
Banque du Liban (BDL) (Arabic:
مصرف لبنان, French: Banque du Liban) is the central
bank of Lebanon. It was established on August 1, 1963
and became fully operational on April 1, 1964. It is
currently headed by Riad Salameh, who was named the
Middle East's best central bank governor by Euromoney in
One of the main responsibilities of the bank is issuing
Lebanon's currency, the Lebanese Pound. Other
responsibilities include maintaining monetary stability,
regulation of money transfers, and maintaining the
soundness of the banking sector. Banking is a very
important part of Lebanon's economy with over 100
different banks, which makes the role of Banque du Liban
particularly important. It currently owns 99.37% of the
shares of Lebanon's national carrier, Middle East
Airlines. However, plans call for it to sell its stake
in the airline by 2008 as part of government plans to
privatize many institutions.
The government has recently launched an ambitious 5-year
economic reform program in hopes to cut the country's
debt. The outcome of the reform program will largely be
dependent on Banque du Liban.
Besides the main branch in Beirut, it has branches in
Aley, Baalbeck, Bikfaya, Jounieh, Nabatiye, Sidon,
Tripoli, Tyre, and Zahle.
Bank of Beirut S.A.L.
BLOM Bank S.A.L.
Byblos Bank S.A.L.
Crédit Libanais S.A.L.
Federal Bank of Lebanon S.A.L.
Audi Saradar Bank S.A.L
B.L.C. Bank S.A.L.
Al-Mawarid Bank S.A.L.
Arab Investment Bank S.A.L.
Bank Al Madina S.A.L.
Banque BEMO S.A.L.
Banque de la Bekaa S.A.L.
Banque de l’Habitat S.A.L.
Banque de l’Industrie Et Du Travail S.A.L.
Banque Lati S.A.L.
Banque Misr Liban S.A.L.
FFA Private Bank
Finance Bank S.A.L.
First National Bank S.A.L.
Méditerranée Investment Bank S.A.L.
Near East Commercial Bank S.A.L.
Société Générale de Banque au Liban S.A.L.