Lebanon Finance News

Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.


Central Bank

Banks required to apply the Liquidity Coverage Ratio. Decision is part of Basel III requirements. News from Lebanon


The Central Bank (BDL) has instructed banks to apply the Liquidity Coverage Ratio (LCR) on their local and overseas operations, according to a new basic circular.

The LCR, which is one of the Basel III requirements, must be calculated separat….
Article details


Circular published by BDL on new stimulus package. Interest rates slightly raised on productive sectors and some housing programs. News from Lebanon


The Central Bank (BDL) has launched a new stimulus program to subsidize housing loans and loans to the productive sectors.

BDL said in a new circular that it will subsidize up to $1 billion of loans this year. The loans denominated in lira t….
Article details

Banks required to submit strategic plans. To be submitted regularly to Banking Control Commission. News from Lebanon


The Central Bank’s Banking Control Commission (BCCL) has asked all banks to prepare strategic plans and related action plans, according to BCCL’s circular no 292.

The banks must update these plans at least once a year and when needed. They sh….
Article details

Banks barred from insurance. Brokers are likely to benefit most. News from Lebanon


The Central Bank (BDL) has instructed banks and financial institutions not to engage in insurance or reinsurance activities or market and advertise insurance contracts.

Insurance companies owned by banks can continue their business operation….
Article details

Central Bank assets rise 16 percent. Loans to financial sector double to $12.7 billion. News from Lebanon


The total assets of the Central Bank (BDL) grew to $118.3 billion at the end of 2017, rising by $15.9 billion or 16 percent compared with a year earlier, according to BDL’s data.

Deposits by the financial sector surged over the same peri….
Article details

Additional $500 million in subsidized loans for 2017. Expatriates to benefit from subsidized loans


The Central Bank (BDL) has decided to inject an additional $500 million to the stimulus package for 2017 which aims to finance productive projects and home purchases at subsidized rates, according to BDL’s intermediate circular 475.

This brin….
Article details

€80 million BDL-subsidized energy loans at zero interest. Financing scheme by EIB and AFD through local banks


The European Investment Bank (EIB) and Agence Française de Developpement (AFD) will provide a financing facility of €80 million ($95.8 million) through local banks to finance energy projects.

The interest rate paid by the borrowers wil….
Article details

Moneylenders to get same training as bankers. Central Bank circular regulatin g further ‘Comptoirs de crédit’


The Central Bank (BDL) has issued a new regulation requiring certain executives in moneylending businesses to have qualifications similar to those required by people holding comparable jobs in banks and financial institutions. The prerequisites pert….
Article details

BDL to raise ceiling for industrial export soft loans. Conditions to ease in a bid to benefit SMEs


The Central Bank (BDL) will raise the ceiling of soft loans provided by banks to finance the working capital of industrial exporters to $3 million from $2 million, according to Wael Hamdan, Director of BDL’s Financing Unit.

The decision is an….
Article details

Blog at

Up ↑