Regulatory Alerts2007-12-14 | 9794Added · Updated
Distribution of Main Credit Portfolios
The Governor of the Central Bank of Lebanon mandates that all banks operating in Lebanon classify loans and advances into six specific portfolios: Retail, Small and Medium Entities, Corporate, Housing, Public Sector Entities, and Claims Secured by Commercial Real Estate. The regulation defines eligibility criteria for each portfolio, including specific thresholds for revenue, assets, and employee counts for SMEs, and establishes a 'Regulatory Retail Portfolio' with strict granularity limits (maximum 0.2% exposure per borrower) and a facility limit of $750,000. It further defines a borrower as 'in default' if they fail to meet obligations, are over 90 days past due, or exceed their overdraft limit for more than 90 days, and declares the decision effective immediately upon issuance.
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