1. Home
2. Confidential
3. Bank Depositors: The Central Bank Loosens Its Stance

According to reliable sources, This is Beirut has learned that, in the coming months, the Central Bank (BDL) plans to continue providing two monthly payments instead of one to the beneficiaries of circulars 158 and 161, which allow exceptional withdrawals in fresh dollars.

The BDL has decided to respond to the current critical situation by supporting depositors to the best of its ability, while doing everything possible to help keep the economy afloat.

The same sources confirmed that the BDL will fully fund the additional monthly payment for the upcoming months, while it will only cover half of the first monthly payment still owed to eligible depositors, in accordance with Circulars 158 and 166, originally adopted in June 2021 and February 2024, respectively.

This exceptional measure will be maintained as long as the war conditions continue or until the two billion dollars accumulated in foreign currency reserves since July 2023 are depleted. The same sources hope that the hostilities will not extend beyond one year, which is the estimated time frame for using this amount.