Regulatory Alerts2025-12-30 | 13789Certificates of Deposit Issued by Banque du Liban and Accounts Held in Foreign Currencies at BDL
The Central Bank of Lebanon amends Basic Decisions No. 5258 and No. 7534 to mandate a 90% deduction from foreign currency certificates of deposit held by operating banks, crediting the deducted amounts to their general current accounts under the designated "Financial Funds" category. This measure addresses prolonged Lebanese Lira trading suspension, shifts most banking deposits to demand status, and offsets Central Bank portfolio losses while ensuring transactional fairness. The amended provisions take effect on January 1, 2026 and are published in the Official Gazette.
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