Regulatory Alerts2020-09-30 | 13280The Status of the Central Office of Credit Risk
The Governor of the Central Bank of Lebanon issued Circular No. 13280 to amend the Loan Type Codes (CTC 01) table within the Central Credit Risk Department System. The amendment formally adds five exceptional loan categories—covering due installments, salaries, operating expenses, productive needs or working capital, and Beirut Port explosion victims—to the system's classification framework. These additions take effect immediately upon issuance and are published in the Official Gazette to ensure regulatory compliance for banks, financial institutions, and leasing companies.
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