Decree-Law Amending Certain Provisions of the Monetary and Credit Law

Type

Decree-Law

Number

77

Date of the text

27/06/1977

Official Gazette

published in 1977

Status today

In force as of 27/08/2026

Articles

9

What it provides

Amends provisions of the Money and Credit Code on bank licensing, subjecting the founding of Lebanese banks and opening of foreign bank branches to discretionary approval by the Central Bank council, and raising minimum paid-up capital for Lebanese banks with Lebanese ownership requirements for their shares.

The full text

This act was published in the Lebanese Official Gazette in 1977. Its full text and the original scan are in the Gherbal National Gazette archive.