Regulatory Alerts2025-01-13 | 13686Operations relating to credit, investment and shareholding and participation
The Acting Governor of the Central Bank of Lebanon issued Decision No. 13686 to amend Basic Decision No. 7776 by adding a new paragraph prohibiting Lebanese banks and financial institutions from granting US dollar-denominated loans or facilities to clients unless funded by "Cash Funds" as defined in Decision No. 13548. This amendment takes effect immediately upon issuance and mandates publication in the Official Gazette. The regulatory change directly restricts dollar liquidity usage to ensure alignment with electronic settlement frameworks and existing monetary policy definitions.
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