News by Sector

Financial Institutions

May 23, 2024  IMF positive on recent BDL and budget measures
May 10, 2024  BDL names Ahmad Safa Al Baraka temporary director
Mar 19, 2024  Central Bank to manage Creditbank temporarily
Mar 05, 2024  FX reserves up by over $1 billion
Feb 26, 2024  Green Fund launched for private sector lending
Feb 23, 2024  Currency in circulation dropped by 31 percent
Feb 14, 2024  Court revokes writing off BDL obligations to banks
Feb 05, 2024  Depositors allowed to withdraw $150 per month
Jan 05, 2024  Lollar is closer to become useless
Nov 24, 2023  Small size LL100,000 bills in circulation in December
Nov 21, 2023  Foreign currency reserves increase by $430 million
Nov 17, 2023  More depositors allowed to benefit from Circular 158
Jun 02, 2023  $1.8 billion withdrawn so far under Circular 158
May 25, 2023  Barely avoiding Grey List through a year grace period
May 23, 2023  E-wallets allowed to carry up to $50K
May 18, 2023  $2.5 billion in profits earned on Sayrafa platform
Mar 17, 2023  $20 million fund for renewable energy
Mar 03, 2023  $77 million industrial loans approved by Cedar Oxygen
Nov 25, 2022  The Gold is still here shows Central Bank audit
Nov 24, 2022  World Bank report says bank sector too big to bail
Nov 23, 2022  Official exchange rate at LL15,000 from next February
Nov 21, 2022  Central Bank steps in to manage three banks
Oct 26, 2022  FFA Private Bank to be renamed I&C Bank
Oct 25, 2022  Gov’t rejects responsibility to secure all bank deposits
Sep 28, 2022  Government backtracks on LL15,000 exchange rate
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