Banque Du Liban
Banque Du Liban's phone number is (961) 175-0000
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Ottoman domination of Lebanon, which lasted for more than four centuries, was brought to an end on October 6, 1918, with the entrance of the Levant Marine Division in Beirut roads. The paper money issued by the Turkish Treasury, with a forced exchange rate, suffered the same fate. In order to normalize economic life in the occupied territories and cover the expenses of the allied forces, English authorities imposed the banknote of the National Bank of Egypt, the Egyptian currency having been, since October 30, 1916, closely linked to the sterling and entirely covered b...
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Ottoman domination of Lebanon, which lasted for more than four centuries, was brought to an end on October 6, 1918, with the entrance of the Levant Marine Division in Beirut roads. The paper money issued by the Turkish Treasury, with a forced exchange rate, suffered the same fate. In order to normalize economic life in the occupied territories and cover the expenses of the allied forces, English authorities imposed the banknote of the National Bank of Egypt, the Egyptian currency having been, since October 30, 1916, closely linked to the sterling and entirely covered by securities issued in sterling. In accordance with the convention signed between the French and the British governments on September 15, 1919, a new occupying authority started to rule Lebanon. French troops replaced the British, under the command of General Gouraud, who was appointed on October 12, 1919 as ''High-Commissioner of the French Republic in Syria and Cilicia, and Commander-in-Chief of the Levant Army''. Consequently, the use of the Egyptian currency, suitable for the British Treasury, became inappropriate. To obtain Egyptian pounds, France, being the sole occupying power, had to offer increasing amounts of francs. During the First World War, the French franc had maintained its status thanks to advances from the British and American Treasuries. However, in 1919, the French franc registered a drop because of the British government's decision to stop these advances, thus breaking the alliance between the franc, the sterling and the dollar, and also because of the US Government's decision to suspend its regulating role of the associated change rates. In order to replace the Egyptian pound, the French government decided, by Decree N° 129 issued by the High Commissioner on March 13, 1920, to endow Syria with a national currency. On September 1, 1920, the representative of France proclaimed Great Lebanon. In 1920, the Bank of Syria was granted the concession of issuing the Syrian currency, which became legal tender on May 1, 1920. Banknotes issued by this bank were reimbursable to the bearer or at sight by checks drawn on Paris, at the rate of FF 20 for one Syrian pound. As a consequence, an independent, currency-issuing department was established at the Bank of Syria. It was responsible for putting in circulation and withdrawing banknotes. Issuances were made either on behalf of the Treasury in Paris or on behalf of the Bank itself. Concerning commercial operations, the Issuing Department was to provide the Bank of Syria with banknotes only in exchange of foreign currencies or foreign securities, which constituted, together with the credits granted by the Treasury in Paris, the coverage of the currency in circulation.
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Website | bdl.gov.lb | |
Industry | Banking | |
Location | Beirut, Beyrouth, Lebanon | |
Employees | 312 | |
Founded | 1964 |
HQ | Masraf Lubnan street P.o.Box 11 | |
Phone | (961) 175-0000 | |
Competitors | Bank Of America, Bnp Paribas, Banco Santander, Hdfc Bank, Icici Bank, Bbva, |
Website | bdl.gov.lb | |
Industry | Banking | |
Location | Beirut, Beyrouth, Lebanon | |
Employees | 312 | |
Founded | 1964 | |
linkedin.com/company/banque-du-liban | ||
HQ | Masraf Lubnan street P.o.Box 11 | |
Phone | (961) 175-0000 |
Email Patterns for Banque Du Liban
Top Competitors for Banque Du Liban
Banque Du Liban Questions
Where are Banque Du Liban's headquarters?
Banque Du Liban's headquarters are in Masraf Lubnan street P.o.Box 11
What is Banque Du Liban's phone number?
Banque Du Liban's phone number is (961) 175-0000
What is Banque Du Liban's official website?
Banque Du Liban's website is bdl.gov.lb
How many employees are working in Banque Du Liban right now?
Banque Du Liban has
312 employees.
View the Email and Phone Numbers for all 312 working at Banque Du Liban.
What is Banque Du Liban's industry?
Banque Du Liban's industry is
Banking
Who are Banque Du Liban's top competitors?
Banque Du Liban's top competitors are
Bank Of America
,
Bnp Paribas
,
Banco Santander
,
Hdfc Bank
,
Icici Bank
,
Bbva
What are Banque Du Liban's categories?
Banque Du Liban's categories are -
What is Banque Du Liban's location?
Banque Du Liban's location is
Beirut, Beyrouth, Lebanon
When was Banque Du Liban's founded?
Banque Du Liban's founding year is 1964
What is Banque Du Liban's current status?
Banque Du Liban's current status is operating
Top Banque Du Liban Employees
Foreign Affairs Department
michelle.moubarak@hotmail.com
+44754-148-1649
Senior Executive Director
anahle@bdl.gov.lb
+1713-655-0707
Teller
fhowe@central-bank.net
+1417-830-4110
Chief, Translation Division
jdemian2@earthlink.net
+1703-343-5123
Chief Information Security Officer
elie.catafago@isae.edu.lb
+1713-655-0707
Network Engineer
Internship