Central Bank of Lebanon Raises Withdrawal Limits
The following statement was issued by the Central Bank of Lebanon:
The Central Bank of Lebanon informs the public that, due to the ongoing difficult economic and financial conditions, and in its commitment to meet the urgent financial and humanitarian needs of depositors, as well as to contribute to strengthening social stability, it has decided to extend the application of Circulars No. 158 and 166, especially since their validity was set to expire on June 30, 2025.
Additionally, the monthly cash withdrawal limits under Circular No. 158 have been raised from $500 to $800 in cash, and the monthly cash withdrawal limits related to Circular No. 166 have been increased from $250 to $400 in cash. This extension is valid for one renewable year, starting from July 1, 2025, until July 1, 2026.
The Central Bank of Lebanon reiterates the importance of expediting the approval of laws that ensure the return of depositors' funds. It continues to coordinate with the Lebanese government and the Parliament and is deploying all its capabilities to achieve this goal.
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Central Bank of Lebanon Raises Withdrawal Limits
The following statement was issued by the Central Bank of Lebanon: The Central Bank of Lebanon informs the public that, due to the ongoing difficult economic and financial conditions, and in its commitment to meet the urgent financial and humanitarian needs of depositors, as well as to contribute to strengthening social stability, it has decided to extend the application of Circulars No. 158 and 166, especially since their validity was set to expire on June 30, 2025. Additionally, the monthly cash withdrawal limits under Circular No. 158 have been raised from $500 to $800 in cash, and the monthly cash withdrawal limits related to Circular No. 166 have been increased from $250 to $400 in cash. This extension is valid for one renewable year, starting from July 1, 2025, until July 1, 2026. The Central Bank of Lebanon reiterates the importance of expediting the approval of laws that ensure the return of depositors' funds. It continues to coordinate with the Lebanese government and the Parliament and is deploying all its capabilities to achieve this goal.
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