News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
28
o
Bekaa
20
o
Keserwan
29
o
Metn
29
o
Mount Lebanon
23
o
North
30
o
South
28
o
Live
Video
Audio
Schedule
shows
العربية
watching now
The Stage
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
28
o
Bekaa
20
o
Keserwan
29
o
Metn
29
o
Mount Lebanon
23
o
North
30
o
South
28
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Documentaries
Lebanon’s Centennial
News Bulletin
The Untold History
Talk Show
Series
Sports
Variety
Other
Comedy
Oldies
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Mansouri to al-Liwaa: Meetings with Saudi officials responsible for the financial sector have been very positive
Press Highlights
2023-09-05 | 02:16
High views
Share
Share
3
min
Mansouri to al-Liwaa: Meetings with Saudi officials responsible for the financial sector have been very positive
Sources revealed "promising" discussions held by Lebanon's Acting BDL Governor, Wassim Mansouri, particularly with the Governor of the Saudi Central Bank.
However, Mansouri's meeting with the Saudi Central Bank Governor included a Lebanese request for Saudi support and the revitalization of joint financial investments.
This article was originally published in and translated from the Lebanese newspaper al-Liwaa.
While both sides have refrained from disclosing specifics, the results of Mansouri's visit to the Kingdom are expected to become more evident in the upcoming weeks, mainly as positivity emerged in his meetings with officials from the Arab Monetary Fund and Arab bank governors who showed interest in Lebanon's financial and banking path, which has been marred by a severe crisis for years and requires a revival starting with the enactment of reform laws.
It is known that visits will take place to Lebanon in the upcoming weeks. Preliminary agreements will be made to hold financial conferences in Beirut in the next stage, which will support the BDL in its steps to restore internal and Arab confidence in the Lebanese financial path, which has been hit by a severe crisis for years, and needs recovery that begins with the approval of reform laws.
Mansouri emphasized that "the return of deposits is not impossible," noting that depositors should not have to wait any longer, urging the swift enactment of a bank restructuring law after reevaluating its conditions to restore confidence in the banking sector.
He revealed that "Lebanon's economy has shrunk from around $55 billion to approximately $20 billion," indicating that "the crisis can only be resolved through extensive collaboration between technical, legal, and political entities."
Mansouri also announced that the BDL intends to provide a new trading platform through Bloomberg. This issue will be on the agenda of the upcoming Cabinet meeting this week. This platform will facilitate the conversion of Lebanese lira into dollars.
Responding to a question, he affirmed that Saudi Arabia consistently plays a positive role in resolving Lebanon's financial crisis but stressed that the basis for resolving the crisis lies within Lebanon, and Lebanon must complete its reform projects as soon as possible.
Mansouri stated in a phone call to "al-Liwaa" that he will return to Beirut next Thursday and that his meetings with Saudi officials responsible for the financial sector have been very positive.
Lebanon News
Lebanon Economy
Press Highlights
Wassim Mansouri
BDL
Meetings
Saudi Arabia
Officials
Financial
Sector
Next
From standstill to stalemate: Lebanon's presidential elections 'stalled' in the shadows of Gaza war
Recommended For You
d-none hideMe
0
Press Highlights
2024-03-26
From the inside: Hezbollah's take on southern Lebanon's renewed tensions
Press Highlights
2024-03-26
From the inside: Hezbollah's take on southern Lebanon's renewed tensions
0
Press Highlights
2024-03-25
Exploring Lebanon's presidential path: Three key initiatives unveiled
Press Highlights
2024-03-25
Exploring Lebanon's presidential path: Three key initiatives unveiled
0
Press Highlights
2024-03-25
Ahmad Rustom highlights progress and challenges in national dialogue initiative
Press Highlights
2024-03-25
Ahmad Rustom highlights progress and challenges in national dialogue initiative
0
Press Highlights
2024-03-25
Lebanese Presidential elections postponed until after Eid al-Fitr
Press Highlights
2024-03-25
Lebanese Presidential elections postponed until after Eid al-Fitr
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
11:33
US President Biden’s deferred enforced departure for Lebanese nationals is not an indication of imminence of further escalation
Lebanon News
11:33
US President Biden’s deferred enforced departure for Lebanese nationals is not an indication of imminence of further escalation
0
World News
2024-05-08
Israel has no comment on reports of US halting arms shipments
World News
2024-05-08
Israel has no comment on reports of US halting arms shipments
0
Middle East News
2024-06-01
US military: Houthis launch missiles and drones from Yemen
Middle East News
2024-06-01
US military: Houthis launch missiles and drones from Yemen
0
World News
2024-03-25
US and Japan to agree on enhanced military collaboration
World News
2024-03-25
US and Japan to agree on enhanced military collaboration
Videos
d-none hideMe
0
World News
2024-07-21
Full Transcript: Trump's Coordinator of Arab Relations Discusses Plan to Win Arab Voters and Achieve Peace
World News
2024-07-21
Full Transcript: Trump's Coordinator of Arab Relations Discusses Plan to Win Arab Voters and Achieve Peace
0
Lebanon News
2024-07-18
Two dead in Israeli airstrike on Jmeijmeh, south Lebanon (Video)
Lebanon News
2024-07-18
Two dead in Israeli airstrike on Jmeijmeh, south Lebanon (Video)
0
Lebanon News
2024-07-11
Hezbollah's Ibrahim Moussawi to CNN: Regional powers do not seek full-scale conflict
Lebanon News
2024-07-11
Hezbollah's Ibrahim Moussawi to CNN: Regional powers do not seek full-scale conflict
0
Lebanon News
2024-07-09
Hezbollah’s "Hudhud" shows new footage of Israeli sites
Lebanon News
2024-07-09
Hezbollah’s "Hudhud" shows new footage of Israeli sites
0
Lebanon News
2024-06-18
Hezbollah scouts areas in northern Israel: What the hoopoe came back with (Video)
Lebanon News
2024-06-18
Hezbollah scouts areas in northern Israel: What the hoopoe came back with (Video)
0
Lebanon News
2024-06-12
Over 100 rockets launched from southern Lebanon toward northern Israel (Video)
Lebanon News
2024-06-12
Over 100 rockets launched from southern Lebanon toward northern Israel (Video)
0
Lebanon News
2024-06-10
Video shows Israeli drone downing in Iqlim al-Tuffah, South Lebanon
Lebanon News
2024-06-10
Video shows Israeli drone downing in Iqlim al-Tuffah, South Lebanon
0
Middle East News
2024-05-21
Funeral ceremony of the Iranian president begins in Tabriz (Video)
Middle East News
2024-05-21
Funeral ceremony of the Iranian president begins in Tabriz (Video)
0
Lebanon News
2024-05-14
Exclusive LBCI interview: Canadian FM urges ceasefire and Resolution 1701 adherence in Lebanon talks, discusses Canadian support for LAF, UNIFIL
Lebanon News
2024-05-14
Exclusive LBCI interview: Canadian FM urges ceasefire and Resolution 1701 adherence in Lebanon talks, discusses Canadian support for LAF, UNIFIL
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
10:32
The Countdown Is On! Summer's Most Awaited Event: Miss Lebanon, Live Tomorrow at 8:30 PM on LBCI and lbcgroup.tv
Lebanon News
10:32
The Countdown Is On! Summer's Most Awaited Event: Miss Lebanon, Live Tomorrow at 8:30 PM on LBCI and lbcgroup.tv
2
Lebanon News
10:42
US President Biden issues deferred enforced departure for Lebanese nationals, protecting them from deportation for 18 months
Lebanon News
10:42
US President Biden issues deferred enforced departure for Lebanese nationals, protecting them from deportation for 18 months
3
Lebanon News
11:33
US President Biden’s deferred enforced departure for Lebanese nationals is not an indication of imminence of further escalation
Lebanon News
11:33
US President Biden’s deferred enforced departure for Lebanese nationals is not an indication of imminence of further escalation
4
Lebanon Economy
02:19
Fuel prices decrease in Lebanon
Lebanon Economy
02:19
Fuel prices decrease in Lebanon
5
Middle East News
00:05
Rockets launched at Ain al-Asad airbase in Iraq, no casualties
Middle East News
00:05
Rockets launched at Ain al-Asad airbase in Iraq, no casualties
6
World News
06:12
Airport at Franco-Swiss border evacuated for 'security reasons'
World News
06:12
Airport at Franco-Swiss border evacuated for 'security reasons'
7
World News
00:55
Harris urges Netanyahu to alleviate Gaza's suffering: 'I will not be silent'
World News
00:55
Harris urges Netanyahu to alleviate Gaza's suffering: 'I will not be silent'
8
News Bulletin Reports
13:05
War resolution: Netanyahu confronted with ceasefire demands in talks with US leaders
News Bulletin Reports
13:05
War resolution: Netanyahu confronted with ceasefire demands in talks with US leaders
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More