Banque du Liban

Since the Convention of May 29, 1937, concerning the concession to issue the Lebanese pound was coming to an end in 1963, Lebanon decided to create a central bank. The Code of Money and Credit was promulgated by Legislative Decree N° 13513 of August 1, 1963. It established the Banque du Liban as a moral person of public law, bestowed with the privilege of issuing the national currency.