Statement from MEAB Bank S.A.L: – Business
Alt: Statement from MEAB Bank S.A.L regarding BDL Circulars MEAB bank announces that it has fulfilled all the obligations stipulated in the recent circulars of the Central Bank of Lebanon. As per Decision No. 13259, issued by the Central Bank of Lebanon under Intermediate Circular No. 567, MEAB bank has increased the Bank’s Common Equity Tier One capital by 20% as determined on December 31, 2018. MEAB Bank has also complied with the requirements of BDL Circular No. 154 by constituting an external account at its correspondent banks, free of any obligations, representing no less than 3% of th...
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