The last thing we want is to go through a second payment default.
We sometimes have to take politically sensitive decisions because we want to protect our banking sector from any sanctions or external pressure
We saw that all other larger and stronger economies, such as the UAE and Turkey, complied with such requests in order to preserve their banks' relationship with the international financial system. Lebanon cannot bear such a risk
Sending a clear signal to the outside world that we are determined to protect our banking sector from any party that may expose it to contamination risk
no later than mid-2027
will make the implementation of the law more robust, provide greater legal protection, and thus facilitate its passage when referred to parliament.
The first session of negotiations with an International Monetary Fund delegation opened today at the Lebanese Ministry of Finance, headed by Finance Minister Yassin Jaber, with the…
Lebanon's Ministry of Finance opened in Beirut the first session of negotiations with an International Monetary Fund mission, headed by Finance Minister Yassin Jaber, with the part…
A negative atmosphere prevails at Lebanon's Central Bank amid disputes between Governor Karim Said and several directors, with talk of the growing role of one of the directorates a…
President Joseph Aoun discussed monetary policy and financial stability with Central Bank Governor Karim Said, as part of consultations aimed at reaching agreement on the financial…
Lebanese President Joseph Aoun discussed with Banque du Liban Governor Karim Saeed monetary policy and financial stability, and ongoing consultations with the government, the Inter…
Lebanon's central bank governor, Karim Said, returned from Paris after meetings described by banking sources as good, attended by several Lebanese banks and the central bank's fina…
Lebanon's central bank governor Karim Said took part in a high-level seminar hosted by the French central bank, devoted to discussing the reintegration of countries affected by the…
Lebanon Central Bank Governor Karim Said participated in a high-level seminar hosted by the French central bank to discuss reintegrating countries affected by terrorist organizatio…
Karim Said of Banque du Liban participated in a seminar at the French Central Bank to discuss the reintegration of countries affected by the control of armed groups into the intern…
A Constitutional Council decision in Lebanon invalidating Article 3 of the banking reform and reorganization law, following a challenge by President Joseph Aoun, has set the course…
A Lebanese delegation led by Finance Minister Yassin Jaber, with Economy Minister Amer Bisat, Central Bank Governor Karim Said and Banking Control Commission head Mazen Soueid, too…
IMF Managing Director Kristalina Georgieva said Lebanon has made "significant progress" toward reaching a financing program with the international institution, amid intensive discu…
In a live coverage, US Treasury Secretary Scott Bessent said the ring of economic blockade on Iran is tightening and that his department will not back down until the Iranian regime…
Central Bank of Lebanon Governor Karim Saeed confirmed that talks with the IMF are progressing well, expressing confidence in reaching an agreement before the end of the year on th…
Lebanon's central bank revoked this week the local license of Iran's Saderat Bank, a move its governor Karim Said said aims to protect the Lebanese banking sector from contaminatio…
Lebanon's central bank governor, Karim Said, expects an agreement with the International Monetary Fund on the financial gap law before the end of the year, paving the way for repay…
Lebanon's Central Bank this week revoked the local license of Iran's Saderat Bank, one of the largest Iranian banks, amid growing US pressure on countries to cut trade ties with Te…
Banque du Liban revoked the license of Iran's Bank Saderat to operate in the country, according to Bloomberg, in a step that comes amid escalating US pressure aimed at isolating Ir…
Lebanon's central bank this week revoked the local license of Bank Saderat, one of Iran's largest banks, in a step Central Bank Governor Karim Said said aimed to protect the bankin…
A Lebanese delegation headed by Finance Minister Yassin Jaber participated in the annual meetings of the IMF and World Bank Group in Bangkok, discussing financing recovery projects…