Regulatory Alerts2025-10-30 | 13764Payment of Public Sector Employees Salaries
The Central Bank of Lebanon issued Intermediary Decision No 13764 on October 30, 2025 to amend Basic Decision No 13423 and mandate that all banks ensure sufficient liquidity for public sector employees to withdraw their complete monthly salaries, allowances, and social dues from affiliated mutual funds without restrictions on withdrawal ceilings, installment options, or imposed commissions and expenses. The amended provision explicitly prohibits banks from charging any type of commission or expense on accounts belonging to official schools and technical institutes. This decision takes immediate effect upon issuance and is published in the Official Gazette to enforce these liquidity guarantees across the banking sector.
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