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Central Bank Governor Riad Salameh is expected to post a circular on Banque du Liban's website Friday setting new ceilings on bank housing loans, sources said Thursday.It is not clear yet why the governor has decided to hike the interest rate on housing loans.The Central Bank has in the past offered commercial banks subsidized housing loans to ease the financial pressure on the borrowers seeking to buy houses.In January alone, Salameh said the bank's assets in foreign currencies had increased by about $1 billion.
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