Tag: Association of Banks in Lebanon (ABL)
Banks again in the hot seat after refusing to pay hospital staff
The Private Hospital Owners Association has accused some local banks of not allowing the transfer of salaries for employees of private hospitals. They therefore...
What does the bill of the parliamentary finance and budget committee propose on capital...
On June 7, 2021, the deputy Ibrahim Kanaan, chairman of the parliamentary finance and budget committee, presented a bill on capital control which would...
Lebanese money in Switzerland more than doubled
Funds deposited by Lebanese nationals more than doubled in 2020 in Switzerland, says the Swiss National Bank. They go from 2.7 billion Swiss francs...
The sale of dollars at the Sayrafa rate from this Monday (BdL)
The governor of the Banque du Liban Riad Salamé announced the start of the sale of foreign currencies via commercial banks at the rate...
Lebanese banks wipe out $ 250 million in international aid (Thomson Reuters)
Lebanese banks have reportedly received $ 250 million in aid for refugees and vulnerable people in the face of the economic crisis, a report...
Capital control legislation approved by the parliamentary finance committee
The parliamentary finance and budget committee gave its approval to the approval of the law establishing a formal capital control. As a reminder, an...
Lebanese banks say they cannot allow the withdrawal of a single dollar
In a letter sent on June 3 to the Banque du Liban, the Association of Banks of Lebanon informs the latter that its members...
Bank of Lebanon’s sale of dollars to banks confirmed
The Banque du Liban announced in a press release from its governor, Riad Salamé, that it will provide commercial banks in US dollars at...
Banque du Liban withdraws circular 151 and restores 1500LL / USD rate for lollar...
The central bank has decided to withdraw its circular 151 allowing the withdrawal of dollar accounts in Lebanese pounds at the parity rate of...
Lebanese banks (and their leaders) in turmoil after the decision of the Shoura Council
After the decision yesterday of the Shoura Council to suspend circular 151 of the Banque du Liban which had established an exchange rate of...
Lebanon: Shoura Council condemns banks to grant depositors foreign currency
The State Shura Council issued a decision stopping the implementation of the basic circular issued by the Governor of the Banque du Liban on...
New court ruling against Lebanese banks
Lebanese banks have once again lost in a case filed by an NGO, learns-o, on June 1. However, like previous decisions, this decision is...
A nice gesture towards a Lebanese student from abroad
Many Lebanese students from abroad whose situation is currently made difficult by the economic crisis that their country is currently going through, between cost...
Banque du Liban to provide dollars to banks at 12,000 LL / USD
The Bank of Lebanon reiterated its wish to provide commercial banks participating in the Sayrafa program with dollars even though it had indicated that...
