Exceptional measures for cash withdrawals — BDL — LB

Circular No. 612
To Banks

We refer to Circular No. 13407 dated January 26, 2022, regarding the amendment of Central Decision No. 13384 dated December 16, 2021, concerning exceptional measures for cash withdrawals, attached to Central Circular No. 161.

Beirut, January 26, 2022
Governor of the Central Bank of Lebanon
Riad T. Salamah

Central Decision No. 13407
Amendment of Central Decision No. 13384 dated December 16, 2021

The Governor of the Central Bank of Lebanon,
Pursuant to the Monetary and Banking Law, particularly Articles 174 and 70 thereof; Pursuant to Central Decision No. 13384 dated December 16, 2021, concerning exceptional measures for cash withdrawals; Pursuant to the decision of the Central Bank Council adopted in its meeting held on January 26, 2022;

Has decided as follows:

Article One: The text of Article Four of Central Decision No. 13384 dated December 16, 2021 is hereby repealed and replaced with the following:
"This Decision takes effect upon its issuance, and its conditions apply for a period ending on February 28, 2022, renewable."

Article Two: This Decision takes effect upon its issuance.

Article Three: This Decision shall be published in the Official Gazette.

Beirut, January 26, 2022
Governor of the Central Bank of Lebanon
Riad T. Salamah

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Amends

Four of Central Decision No. 13384 dated December 16, 2021Not in RegAlert
“The text of Article Four of Central Decision No. 13384 dated December 16, 2021 is hereby repealed and replaced with the following:”