The Central Bank of Lebanon announced that it is tightening oversight of investments in startups financed from its resources.
The move aims to protect its funds and ensure that its claims are repaid by banks and beneficiary entities.
On September 3, 2026, the Bank issued amendments to “Article 8 bis” of Basic Resolution No. 6116.
Issued on March 7, 1996. The amendments focus on strengthening governance, transparency, and accountability in the management of these investments.
The Central Bank of Lebanon stated that, since 2013, it has provided financing exceeding 300 million U.S. dollars.
The funds were allocated to support startups, business incubators, accelerators, and venture capital firms.
A review conducted by the bank revealed serious shortcomings in the monitoring and management of a number of investments.
Therefore, the new circular requires banks to provide comprehensive disclosures regarding the value of the investments, their current status, and their management and governance mechanisms.
It also mandates the development of clear, time-bound plans for an orderly exit from these investments.
Amounts owed to the Central Bank of Lebanon must be paid in U.S. dollars, in accordance with the signed contracts.
The Central Bank prohibited the sale, transfer, or restructuring of assets without complying with legal requirements and obtaining the necessary approvals.
It also warned against misappropriating funds or withholding information, emphasizing that civil or criminal legal action will be taken against violators.
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