Regulatory Alerts2021-06-08 | 13336Investment of Banks in Foreign Currencies at BDL
The Governor of the Central Bank of Lebanon issued Intermediary Decision No. 13336 to amend Fundamental Decision No. 7926 regarding banks' mandatory investments. The decision reduces the statutory percentage specified in Article One of the original 2001 decision by fifteen percent, lowering it to a final rate of fourteen percent. This amendment takes immediate effect upon issuance and is formally published in the Official Gazette following Central Bank Council approval.
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