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Central Bank of Lebanon |
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Central Bank of Lebanon
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Central Bank
of Lebanon (Arabic: مصرف لبنان, French: Banque du Liban, BDL) is the central
bank of Lebanon. It was established on August 1, 1963 and became fully
operational on April 1, 1964. |
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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 BDL particularly
important.
The BDL
controls bank liquidity by adjusting discount rates, by intervening in the
open market, as well as by determining credit facilities to banks and
financial institutions. It regulates banks' credit in terms of volume and
types of credit, by imposing credit ceiling, by directing credits towards
specific purposes or sectors and setting the terms and regulations governing
credits in general. |
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The BDL is vested by law with the exclusive right to issue the national
currency. As stipulated by article 70 of the Code of Money and Credit, the
BDL is entrusted with the general mission of safeguarding the national
currency in order to ensure the basis for sustained social and economic
growth. This mission consists specifically in:
 the
safeguard of monetary and economic stability;
the
safeguard of the soundness of the banking sector;
the
development of money and financial markets;
the
development and regulation of the payment systems and instruments;
the
development and regulation of money transfer operations including electronic
transfers;
development and regulation of the clearing and settlement operations
relative to different financial and payment instruments and marketable
bonds.
In achieving the tasks above, BDL commits itself to providing effective
support functions through a sound banking and financial control system,
appropriate information system and the development of competent and
qualified staff.
Besides the head office in Beirut, it has branches in Aley, Baalbeck,
Bikfaya, Jounieh, Nabatiye, Sidon, Tripoli, Tyre, and Zahlé.
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Central Bank of Lebanon |
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HQ
Address: |
Masraf
Lubnan Street
P O Box 11-5544
Beirut - Lebanon |
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Tel: |
+961 1 750000 |
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Swift Code: |
BDLCLBBX |
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Website: |
www.bdl.gov.lb |
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Currency: |
Lebanese
Pound |
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Banking Hours: |
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Monday -
Friday : 8.30 am - 12:30 pm |
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BDL accepts that the credibility of its policy
and actions is a prerequisite for the attainment of its goals and that such
credibility can only be achieved and maintained through independent action,
firmness of principle, resoluteness and fixed intent.
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List of banks in Libya
governed by the Central Bank of Lebanon |
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Bank Name |
Telephone |
Fax |
Website |
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Gumhouria Bank |
(041) 631960-61 |
(021) 3610594 |
www.gumhouria-bank.com |
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National Commercial Bank |
(021) 3612429 |
(021) 446705 |
www.ncb.ly |
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Sahara Bank |
(021) 3332771 |
(021) 3337922 |
www.saharabank.com.ly |
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AL Umma Bank |
(021) 3332888 |
(021) 3332505 |
www.umma-bank.com |
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Wahda Bank |
(061) 24519 |
(061) 2224122 |
www.wahdabank.com |
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Commerce & Development Bank |
(061) 2229630 |
(061) 9097115 |
www.bankofcd.com |
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Aman Bank For commerce &
Investment |
(021) 3350216 |
(021) 3350386 |
N/A |
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Al-Wafa Bank |
(021) 4815124 |
(061) 4815123 |
www.alwafabank.com |
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Alejmaa Alarabi Bank |
(061) 9090128 |
(061) 9099706 |
www.alejmaa.com |
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Mediterranean Bank |
(061) 9098386 |
(061) 9099564 |
www.meditbank.net |
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National Banking Corporation |
(021) 4448623 |
(021) 3330896 |
N/A |
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Saving and Real-Estate
Investment Bank |
(021) 4449306 |
(021) 4449309 |
www.eddekharbank.com |
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Agricultural Bank |
(021) 333541 |
(021) 3333545 |
N/A |
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Development Bank |
(021) 4446622 |
(021) 4802048 |
N/A |
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Libyan Foreign Bank |
(021) 3350155 |
(021) 3350165 |
www.lafbank.com |
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Alsaraya Trading And Devolpment
Bank |
(021) 4447692 |
N/A |
N/A |
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