CENTRAL BANK ISSUES CIRCULAR ON GRADUAL WITHDRAWAL OF DEPOSITS IN FOREIGN CURRENCIES

The Central Bank (BDL) issued Tuesday circular no. 158 relevant to the exceptional measures for the gradual withdrawal of deposits in foreign currencies, attached to basic decision no. 13335/2021.

Under the said decision, each bank operating in Lebanon shall do what is deemed necessary for the gradual repayment of deposits in foreign currencies for accounts opened before 31/10/2019.

Source: National News Agency