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8. Capital assigned for the branch's investments

The minimum capital requirement for the foreign financial institution¡¯s branch is two billion Lebanese Pounds.

The capital is fully paid in cash at the counters of the Bank of Lebanon.

The foreign financial institution¡¯s branch is not allowed to decrease the assigned capital or buy back any part of it. The branch is required to always prove that its assets effectively exceed its liabilities by an amount that is at least equal to its capital.

If a loss is incurred in the branch, the management of the foreign financial institution must reconstitute the capital assigned for the branch to the minimum requirement within a maximum time limit of two months and up to the declared amount at the time of opening the branch if it exceeds the minimum capital requirement, within a maximum time limit of six months.