Central Bank of Lebanon
Lebanese government reappoints Salameh as governor
Governor will face considerable pressures from political factions and the refugee crisis
Lebanese banking sector holding up, despite Syria crisis – central bank
The banking sector remains liquid and well capitalised despite a “strained” Lebanese economy, the central bank says; new compliance unit formed
BoE proposes ‘amended’ sharia-compliant fund
UK central bank could launch a fund as soon as 2018, the consultation paper says; the facility would be off balance sheet in the form of a special purpose vehicle
Banknote and currency services provider of the year: Crane Currency
Leading micro-optics provider continues to deliver a full range of services from design to print to a large number of central banks around the world to ensure integrity of cash
Lebanon’s innovative financial operations not sustainable – IMF
Central bank used a complicated mechanism to simultaneously boost foreign reserves and improve banks’ capital positions, but it cannot be used without limit, the fund warns
Global sharia standards desirable, but impractical – Lebanon’s el Gemayel
Complete standardisation impractical, but other options are available, says Central Bank of Lebanon’s Joëlle el Gemayel; Islamic banking landscape is shifting
Paper uses machine learning to nowcast GDP in Lebanon
Working paper published by IMF explores use of machine learning technique in assessing economic conditions in Lebanon, where analysis is a ‘distinct challenge’ on account of data lags
The Islamic liquidity facility conundrum
The rapid growth of Islamic finance could undermine both financial stability and monetary policy if central banks do not set up sharia-compliant facilities
Bank of Lebanon signs memorandum of understanding with Dubai FSA
Agreement aimed at improving information sharing on financial stability issues was signed by regulators in Dubai earlier this week
Lebanon’s Salame vows to apply Syria sanctions
Bank of Lebanon governor Riad Salame says Lebanese banks will not undertake any activity in Syria that might embarrass correspondent banks
Bank of Lebanon denies financial ties with Syrian regime
Governor Riad Salameh says Arab League sanctions on Syria will not apply as Lebanese central bank does not have any dealings with Damascus
Lebanese government renews governor’s term
Government gives Riad Salamah six more years in charge; term begins August 1
Lebanon’s Salameh defends scandal-hit bank
Bank of Lebanon governor Riad Salameh offers support to Lebanese Canadian Bank after accusations by US Treasury of ties to illicit activities and terrorist organisations
Lebanon’s Charafeddine: unconventional monetary policy was vital for oil exporters
Bank of Lebanon first vice-governor Raed Charafeddine says unconventional monetary policy helped oil exporting countries address financial crisis
Central banks back move for more liquid Islamic money markets
International Islamic Liquidity Management Corporation aims to enhance liquidity management by firms in the market for Islamic financial services by issuing Shari'ah-compliant financial instruments
Lebanese banks compliant, insists governor
Riad Salame, the governor of the Bank of Lebanon, has countered allegations that the country's financial institutions illegally supported Hezbollah, a militant group.
Bank of Lebanon - Annual Report 2005/06
Lebanon's balance of payments recorded a positive result for the fourth consecutive year in 2005.
Lebanon's Riad Salameh accentuates the positive
Lebanon's balance of payments recorded a big surplus of $2.5 billion until the end of June, central bank governor Riad Salameh said on Monday 11 August, according to a report by The Daily Star. He said he expected the growth in bank savings to reach an…
Ex-central bank official sees Gulf conflict profit
A former vice-governor of the Central Bank of Lebanon says that the imminent US-led war against Iraq might hold more than a negative impact on this country.
Lebanon needs stable currency - Bank governor
LEBANON - A stable currency is needed for successful privatisation of state-owned companies, Banque du Liban (Central Bank of Lebanon) Governor Riad Salameh said on 30 July.