Law Suspending Installments of Debts and Financial Obligations to Banks and Lending Counters

Type

Law

Number

177

Date of the text

13/05/2020

Official Gazette

published in 2020

Status today

In force as of 27/08/2026

Articles

1

What it provides

This law suspends loan instalments and financial obligations owed to banks and lending companies by clients in economic sectors hit by the coronavirus, postponing payments for six months and halting related legal and enforcement actions without penalties or late-payment interest.

The full text

This act was published in the Lebanese Official Gazette in 2020. Its full text and the original scan are in the Gherbal National Gazette archive.