The Central Bank of Lesotho (CBL) is a subsidiary of the Central Bank of Lesotho. Bank of Lesotho (CBL) is the central bank of Lesotho, established in 1978, headquartered in Maseru, and wholly owned by the Lesotho government, whose main objectives are to achieve and maintain price stability, and to formulate and implement monetary policy, regulate the operation of financial institutions, etc.