From left, Mohammad Choukeir, Riad Salameh and Mohammad Machnouk attend a conference in Beirut, Monday, Dec. 8, 2014. (The Daily Star/HO)
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Central Bank Governor Riad Salameh said Monday that Banque Du Liban may license a stock exchange that would list SMEs and family-owned businesses, with special emphasis on technology."So far, $150 million has been allocated by banks to support funds, accelerators and startup companies," he said, adding that BDL had developed a financial mechanism through which it guarantees 75 percent of banks' investment.He revealed that BDL had formed a dedicated team to follow up on the investment requests submitted by banks seeking guarantees, adding that this team would deliver prompt and professional responses.Salameh also emphasized the importance of the knowledge economy sector, saying that it would be, in addition to the oil and gas sector, the pillar of the Lebanese economy in the future. The governor vowed to preserve the stability of the national currency and of interest rates, saying that BDL had the means to do so.
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