The Status of the Central Office for Credit Risk

Central Office Circular No. 758

For Banks, Financial Institutions, and Leasing Companies

We enclose a copy of Central Office Decision No. 13807 dated March 16, 2026, regarding the amendment of the Central Office for Credit Risk System attached to Basic Decision No. 7705 dated October 26, 2000, subject of Basic Circular No. 75.

Beirut, March 16, 2026
Governor of the Central Bank of Lebanon
Karim Souaid

Central Office Decision No. 13807

Amendment of the Central Office for Credit Risk System attached to Basic Decision No. 7705 dated October 26, 2000

The Governor of the Central Bank of Lebanon, pursuant to the Monetary and Loan Law, particularly Articles 147 and 179 thereof; pursuant to the provisions of Article 3 of the Executive Law No. 5439 dated September 20, 1982; based on Basic Decision No. 7705 dated October 26, 2000, and its amendments regarding the Central Office for Credit Risk System; based on the decision of the Central Council of the Central Bank of Lebanon adopted in its meeting held on March 11, 2026;

Decrees the following:

Article One: The text of Article Three of the Central Office for Credit Risk System attached to Basic Decision No. 7705 dated October 26, 2000 is repealed and replaced with the following text:
"The provisions of Article Two, Section 'First' of this system shall not apply unless the total credit facilities granted by one subscriber to a single person exceed L.L. 20,000,000 (twenty million Lebanese pounds) or its equivalent in foreign currencies, effective as of the November 2025 status."

Article Two: The text of Article Four of the Central Office for Credit Risk System attached to Basic Decision No. 7705 dated October 26, 2000 is repealed and replaced with the following text:
"Data contained in magnetic disks submitted by banks and financial institutions to the Office shall bear absolute confidentiality and shall be used solely for informing the requesting banks and financial institutions of the total credit facilities granted to each customer, granting the bank the right to review its risks, and when necessary, for informing said customer directly."

Article Three: This decision takes effect upon its issuance.

Article Four: This decision shall be published in the Official Gazette.
Beirut, March 16, 2026

Governor of the Central Bank of Lebanon
Karim Souaid