Law Encouraging the Establishment of Banks for Business and Medium- and Long-Term Credit

Type

Law

Number

22

Date of the text

21/04/1967

Official Gazette

published in 1967

Status today

In force, amended as of 27/08/2026

Articles

15

What it provides

This law encourages the establishment of banks specializing in medium- and long-term lending, setting their minimum capital and permitted activities, and imposing limits on deposit acceptance and on investing their funds in shareholdings and participations.

What has changed this text

• Amended by Decree-Law No. 108/1977 of 30/06/1977

The full text

This act was published in the Lebanese Official Gazette in 1967. Its full text and the original scan are in the Gherbal National Gazette archive.