Regulatory Alerts2025-08-14 | 13741Exceptional measures to reactivate the work of banks operating in Lebanon
The Governor of the Central Bank of Lebanon issued Circular No. 13741 to amend Basic Decision No. 13262, mandating that all Lebanese banks maintain an external account free from correspondent obligations equal to at least 3% of their total foreign currency deposits as of June 30, 2025. Non-compliant banks are granted a compliance deadline of June 30, 2026 to regularize their status. The decision takes immediate effect upon issuance and is published in the Official Gazette.
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