VOL. XXXVII

NO. 50

12-SEPTEMBER-1994

Financial and Banking News

Financial Policy

Lebanese Central Bank Eases Liquidity And Lending Regulations

The Lebanese Central Bank, Banque du Liban, has relaxed its regulations whichrequire local banks to assign a percentage of their deposits to buy localtreasury bills and which restrict the amount banks may lend in foreign currency.Banks need now allocate only 40% of their local currency deposits for treasurybill purchases, compared to the previous figure of...