Regulatory Alerts2019-01-30 | 12991Central Bank of Lebanon Circular No. 515 Amending Decision No. 6116 on Facilities for Banks and Financial Institutions
The Central Bank of Lebanon issued Circular No. 515 to amend Decision No. 6116, significantly increasing the maximum loan amounts for various subsidized facilities including education, housing, and environmental projects. The regulation introduces new eligibility criteria, caps on total exposure per borrower for environmental loans, and specific interest rate spreads tied to the BDL deposit rate index. It also establishes a new mechanism for banks to access BDL support for loans granted to financial institutions for microfinance purposes.
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