Regulatory Alerts2025-07-01 | 13729Ensuring Equity in the Repayment of Foreign Currency Deposits
The Governor of the Banque du Liban issued Basic Decision No. 13729 on July 1, 2025, requiring all banks in Lebanon to obtain prior written BDL approval before repaying amounts exceeding specified ceilings from foreign-currency accounts established before October 17, 2019. This measure addresses the banking crisis that began in October 2019, which led to restrictions on deposits and concerns that selective repayments create unfair discrimination among depositors. The decision aims to ensure equity and fair treatment for all depositors, preventing preferential advantages and upholding financial integrity while awaiting a comprehensive solution to the financial crisis.
Share