2023-04-25 | 13549

Certificates of Deposit Issued by Banque du Liban and Accounts Held in Foreign Currencies at BDL

The Governor of Banque du Liban issued Intermediary Decision No. 13549 to extend the validity of key provisions in Basic Decisions No. 5258 and No. 7534 until December 31, 2023. This extension preserves the regulatory framework governing foreign currency accounts and bank certificates of deposit issued by BDL, as amended by prior intermediary decisions. The decision takes effect immediately upon issuance and is published in the Official Gazette to ensure compliance by all banks, financial institutions, and supervisory commissioners.

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