Economic
Lebanon passes key banking resolution law amid IMF talks
Lebanon's parliament approved a new banking resolution framework to strengthen supervision and loss allocation, aiming to unlock IMF support and stabilize the financial sector.
Lebanon's parliament passed a new banking resolution framework that strengthens supervision and defines how losses will be allocated between the state, central bank, commercial banks, and depositors. The law is a key condition for an IMF-supported program and aims to restore confidence in the banking sector after years of crisis. Officials say the reform will allow gradual liberalization of capital controls and help restore access to international markets, though critics warn that implementation and protection of small depositors remain serious concerns.
- Status
- active
- Location
- Beirut, Lebanon
- Date added
- 2026-03-25 22:37 UTC
- Last updated
- 2026-03-25 22:37 UTC
- Source
- Business News Lebanon
- Connected threats
- Not provided