Regulatory Alerts2018-05-11 | 12805Facilities that may be granted by BDL to banks and financial institutions
The Central Bank of Lebanon issued Circular No. 51280 to amend Decision No. 6116, replacing the existing table of credit facilities with a new schedule of supported loans for banks and financial institutions. This regulation defines specific loan categories, including residential, SME, and environmental projects, establishing maximum interest rate spreads and support levels subsidized by the Central Bank. The amendments entered into force immediately upon issuance and are published in the Official Gazette.
Circular No. 51280
To Banks and Financial Institutions
We enclose herewith a copy of Decision No. 51280 dated 11/5/2018, amending Decision No. 6116 dated 7/3/1996 (Facilities that may be granted by the Central Bank of Lebanon to Banks and Financial Institutions), attached to Basic Circular No. 23.
Beirut, May 11, 2018
Governor of the Central Bank of Lebanon
Riad T. Salamah