Regulatory Alerts2025-01-13 | 13685Intermediary Decision No. 13685 Amending Basic Decision No. 7835 Concerning Mandatory Reserves
The Acting Governor of the Central Bank of Lebanon issued Intermediary Decision No. 13685 to amend Basic Decision No. 7835 regarding mandatory reserve calculations and reporting deadlines for banks. The decision revises the calculation period to a five-day average from Thursday through Wednesday, updates submission deadlines to Monday instead of Saturday, and clarifies the inclusion and exclusion criteria for Lebanese Lira current and new accounts in determining reserve ratios. It mandates weekly declarations to the Financing Unit, specifies adjustments for Treasury bonds and certificates of deposit during holidays, and takes effect as of the position ending January 29, 2025.
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