Lebanese governor requests more powers to deal with crisis

The Central Bank of Lebanon

Lebanon’s central bank governor has called for additional powers to deal with the growing crisis in the country’s banking sector, saying financial and monetary stability are under threat.

Riad Salameh told news agency Reuters on January 12 that he had written to Lebanon’s finance minister three days earlier, asking for “exceptional powers necessary to issue regulations” for the banking sector.

He spoke to Reuters after local newspapers ran reports based on a leaked copy of the letter.


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: