Regulatory Alerts2023-01-20 | 13528Capital Adequacy Regulatory Framework for Banks Operating in Lebanon and Exchange Operations at the Banks and Financial Institutions
The Central Bank of Lebanon issued Intermediary Decision No. 13528 to amend the capital adequacy and foreign exchange capacity frameworks for banks and financial institutions. The decision establishes a phased implementation schedule for FX capacity percentages, starting at 80% in 2023 and declining to 0% by 2027, while updating the definition of Basic Capital to be calculated based on shareholders' equity from 2019 through 2022. Furthermore, it permits banks operating under the Fresh Dollar regime to include up to 50% of approved real estate revaluation gains in their core capital and clarifies required capital calculations tied to Sayrafa reserves.
Share