Regulatory Alerts2019-09-03 | 13102Central Bank of Lebanon Circular No. 525: Amendment of Decision No. 7835 Regarding Mandatory Reserves
The Central Bank of Lebanon issued Circular No. 525 to amend Decision No. 7835 concerning mandatory reserve requirements for banks. The regulation introduces specific reserve reduction ratios for various loan categories, including environmental projects, export financing, and housing loans, while updating the reporting forms used for compliance. These changes aim to incentivize lending in targeted sectors by allowing banks to offset a percentage of their reserve liabilities against qualifying loan balances.
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