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Monetary policy and deposits at the center of meeting between Aoun and the Governor of the Banque du Liban

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Monetary policy and deposits at the center of meeting between Aoun and the Governor of the Banque du Liban
Via MTV Lebanon
WHAT TO KNOW

MTV Lebanon: President of the Republic General Joseph Aoun discussed monetary policy, financial stability and ongoing consultations with the government—which the Banque du Liban is in continuous contact with—as well as with the International Monetary Fund and commercial banks, with the aim of reaching…

Machine translation of an attributed source excerpt. Consult the original report to verify details. Translated from original reporting in another language.

THE CONTEXT

Lebanon’s deposit restrictions: how withdrawal limits changed

Access to bank deposits became restricted in October 2019. Successive Banque du Liban circulars created limited repayment channels; higher monthly allowances do not mean unrestricted access to the remaining balance. Here are the milestones behind today’s withdrawal headlines.

  1. The banking crisis restricted depositors’ ability to use their money freely, particularly foreign-currency deposits. The restrictions began in 2019, before the crisis deepened in 2020.

    Banque du Liban · 11 May 2026 ↗
  2. Following the February decision, the monthly allowance rose to $500 under Circular 158 and $250 under Circular 166. These were programme limits for eligible depositors, not a universal $500 withdrawal entitlement.

    Credit Libanais Economic Research Unit · February 2025 ↗
  3. The monthly totals became $1,000 under Circular 158 ($800 available as cash plus $200 for card purchases) and $500 under Circular 166 ($400 cash plus $100 for card purchases). The extra card allowances could not be withdrawn as cash.

    Bank Audi · cash and card breakdown ↗
    Bank of Beirut · effective 1 December 2025 ↗

Earlier reporting on this subject

Explore the background and sources ↗

Sources checked: 2026-11-04

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