News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
25
o
Bekaa
16
o
Keserwan
25
o
Metn
25
o
Mount Lebanon
19
o
North
23
o
South
23
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Conversations with Ricardo Karam
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
25
o
Bekaa
16
o
Keserwan
25
o
Metn
25
o
Mount Lebanon
19
o
North
23
o
South
23
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Series
Movies
Documentaries
Variety
Comedy
Talk Show
News Bulletin
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Banking reform law reaches Lebanese Parliament: What it means for depositors
News Bulletin Reports
29-07-2025 | 12:48
High views
Share
Share
2
min
Banking reform law reaches Lebanese Parliament: What it means for depositors
Report by Lea Fayad, English adaptation by Yasmine Jaroudi
After years of delays, Lebanon's long-awaited banking reform law has finally reached the Parliament for approval in a general session.
The latest draft introduces key amendments that directly impact depositors, particularly those with multiple accounts in different banks.
One of the most significant changes guarantees account independence. Under the revised version, if a depositor holds three separate accounts at three different banks, each with $100,000 or more, they would be entitled to reclaim up to $300,000 in total.
This marks a sharp departure from the government's original proposal, which would have capped compensation at $100,000 per individual, regardless of the number of accounts held or the banks involved.
Another major shift prioritizes individual depositors over public institutions.
While the government's previous version gave full repayment priority to public sector deposits, the new draft restores precedence to private depositors seeking to recover their savings.
Passing the law is seen as a positive step, but observers note it remains incomplete.
The law's actual implementation hinges on the adoption of a separate piece of legislation: the Financial Regularization and Deposit Recovery Law. That law will determine how financial losses are apportioned between the state, the Banque du Liban (BDL), commercial banks, and depositors.
This is where the process gets more complex.
Finance Minister Yassine Jaber has pledged to submit the financial regularization bill to the Parliament within six months. However, skepticism remains high.
Nearly six years have passed since Lebanon's financial collapse began, with successive governments failing to push through a deposit recovery mechanism.
Meanwhile, citizens' deposits remain effectively frozen, widely seen as a violation of their rights.
For many, unless the upcoming legislation offers a genuine solution to the banking crisis, current efforts may be viewed as little more than political maneuvering ahead of the next parliamentary elections.
Lebanon News
Lebanon Economy
News Bulletin Reports
Banking
Reform
Law
Lebanese
Parliament
Depositors
Next
Return plan takes off: First convoy of Syrian refugees returns from Lebanon
Israel threatens Hamas amid ceasefire talks and rising international pressure—the details
Previous
Related Articles
d-none hideMe
0
Lebanon News
2025-07-02
Finance Minister Jaber says reviving banking sector and ensuring fairness for depositors a top priority
Lebanon News
2025-07-02
Finance Minister Jaber says reviving banking sector and ensuring fairness for depositors a top priority
0
Lebanon News
2025-07-02
Lebanon’s banking association welcomes central bank decision enforcing equal treatment of depositors
Lebanon News
2025-07-02
Lebanon’s banking association welcomes central bank decision enforcing equal treatment of depositors
0
Lebanon News
2025-08-11
Lebanese Finance and Energy Ministers sign decree ratifying World Bank loan law for electricity
Lebanon News
2025-08-11
Lebanese Finance and Energy Ministers sign decree ratifying World Bank loan law for electricity
0
Lebanon News
06:46
Lebanese Parliament approves extra budget for public sector pensions and joins UN biodiversity pact
Lebanon News
06:46
Lebanese Parliament approves extra budget for public sector pensions and joins UN biodiversity pact
Recommended For You
d-none hideMe
0
News Bulletin Reports
13:14
$14 million cash and LBP 5 billion bail raise questions over ex-central bank chief Riad Salameh’s release
News Bulletin Reports
13:14
$14 million cash and LBP 5 billion bail raise questions over ex-central bank chief Riad Salameh’s release
0
News Bulletin Reports
13:00
Parliament in uproar: Lebanese MPs clash over elections and diaspora voting
News Bulletin Reports
13:00
Parliament in uproar: Lebanese MPs clash over elections and diaspora voting
0
News Bulletin Reports
13:00
Iran back on Israel’s radar as sanctions return and missile threat grows
News Bulletin Reports
13:00
Iran back on Israel’s radar as sanctions return and missile threat grows
0
News Bulletin Reports
12:54
Lebanon’s Raoucheh Rock dispute escalates as President Aoun declares army a ‘red line’—the details
News Bulletin Reports
12:54
Lebanon’s Raoucheh Rock dispute escalates as President Aoun declares army a ‘red line’—the details
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
2025-07-26
Speaker Berri mourns Ziad Rahbani: “Without Ziad, Lebanon’s melody is sad”
Lebanon News
2025-07-26
Speaker Berri mourns Ziad Rahbani: “Without Ziad, Lebanon’s melody is sad”
0
World News
11:13
Italy and Bahrain sign memorandum worth over 1 billion euros
World News
11:13
Italy and Bahrain sign memorandum worth over 1 billion euros
0
News Bulletin Reports
2025-09-08
Captagon shipment disrupted: Largest drug seizure in northern Lebanon
News Bulletin Reports
2025-09-08
Captagon shipment disrupted: Largest drug seizure in northern Lebanon
0
World News
14:48
Trump says Netanyahu has his 'full backing' in Gaza war if Hamas rejects plan
World News
14:48
Trump says Netanyahu has his 'full backing' in Gaza war if Hamas rejects plan
Videos
d-none hideMe
0
Lebanon News
2025-09-07
Lunar eclipse captivates Lebanon: watch the stunning video
Lebanon News
2025-09-07
Lunar eclipse captivates Lebanon: watch the stunning video
0
Lebanon News
2025-08-31
LBCI correspondent reports from Nabatieh as residents clear rubble after Israeli strikes
Lebanon News
2025-08-31
LBCI correspondent reports from Nabatieh as residents clear rubble after Israeli strikes
0
Lebanon News
2025-08-29
Unprecedented step: Lebanon funds kidney transplants for all qualified patients
Lebanon News
2025-08-29
Unprecedented step: Lebanon funds kidney transplants for all qualified patients
0
Lebanon News
2025-08-28
US envoy Barrack clarifies ‘animalistic’ comment, says media ‘just doing their job’
Lebanon News
2025-08-28
US envoy Barrack clarifies ‘animalistic’ comment, says media ‘just doing their job’
0
Lebanon News
2025-08-26
US congressional delegation in Beirut discusses disarmament of Hezbollah, LAF support, Israeli perspective
Lebanon News
2025-08-26
US congressional delegation in Beirut discusses disarmament of Hezbollah, LAF support, Israeli perspective
0
News Bulletin Reports
2025-08-23
40 years of LBCI: A look back at its milestones
News Bulletin Reports
2025-08-23
40 years of LBCI: A look back at its milestones
0
Lebanon News
2025-08-17
President Aoun: Hezbollah's weapons are an internal matter, US proposal is now a Lebanese paper
Lebanon News
2025-08-17
President Aoun: Hezbollah's weapons are an internal matter, US proposal is now a Lebanese paper
0
Lebanon News
2025-07-15
Pregnant journalist Petra Abou Haidar attacked in road rage assault
Lebanon News
2025-07-15
Pregnant journalist Petra Abou Haidar attacked in road rage assault
0
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
Most read
d-none hideMe
24 hours
7 days
Month
1
News Bulletin Reports
12:54
Lebanon’s Raoucheh Rock dispute escalates as President Aoun declares army a ‘red line’—the details
News Bulletin Reports
12:54
Lebanon’s Raoucheh Rock dispute escalates as President Aoun declares army a ‘red line’—the details
2
News Bulletin Reports
13:14
$14 million cash and LBP 5 billion bail raise questions over ex-central bank chief Riad Salameh’s release
News Bulletin Reports
13:14
$14 million cash and LBP 5 billion bail raise questions over ex-central bank chief Riad Salameh’s release
3
Lebanon News
09:07
Casino du Liban chief Roland Khoury released on financial bail
Lebanon News
09:07
Casino du Liban chief Roland Khoury released on financial bail
4
Lebanon News
08:45
Hezbollah MP Mohammad Raad: Hezbollah will not allow Israel to achieve its goals in Lebanon through compliant governments or conspiracies
Lebanon News
08:45
Hezbollah MP Mohammad Raad: Hezbollah will not allow Israel to achieve its goals in Lebanon through compliant governments or conspiracies
5
Lebanon News
10:10
Israeli airstrike hits water tanker in Nabatieh al-Fawqa, killing one
Lebanon News
10:10
Israeli airstrike hits water tanker in Nabatieh al-Fawqa, killing one
6
Lebanon News
08:12
Speaker Berri: Meeting with President Aoun was “excellent as usual”
Lebanon News
08:12
Speaker Berri: Meeting with President Aoun was “excellent as usual”
7
News Bulletin Reports
13:00
Parliament in uproar: Lebanese MPs clash over elections and diaspora voting
News Bulletin Reports
13:00
Parliament in uproar: Lebanese MPs clash over elections and diaspora voting
8
Lebanon News
08:56
UNICEF, Germany empower Lebanese youth to move from education to work
Lebanon News
08:56
UNICEF, Germany empower Lebanese youth to move from education to work
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More