Regulatory Alerts2001-01-02 | 7743Subsidy of Interest on Loans Extended to the Industry, Tourism and Agriculture Sectors
The Central Bank of Lebanon issues Decision No. 7743 to provide state subsidies on interest for loans granted to private sector entities in the industrial, tourism, agricultural, and craft sectors. The regulation establishes strict eligibility criteria, including loan maturity limits, interest rate caps based on benchmark rates, and maximum exposure limits per borrower or economic group. It further details the application procedures, subsidy calculation methods, and specific provisions for loans related to the 2006 war damages and those guaranteed by the Small and Medium Enterprises Guarantee Company.
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