Banque du Liban extends Circulars 166 and 158
The Lebanese Central Bank issued two circulars aimed at extending and modifying the mechanisms for benefiting from foreign currency deposit repayment procedures, for an additional year until 2027. The modifications include canceling some provisions, setting a cap on the amounts that clients can access, and regulating transfer operations as well as disclosures related to payments and usage of deposits. This comes as part of the bank's efforts to support financial stability in Lebanon amid the economic crisis.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)