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2024-12-02

Schedule for Establishing Mandatory Reserves for 2025

The regulatory authority mandates a structured timeline for establishing reserve requirements for the 2025 fiscal year. This schedule delineates twelve distinct compliance periods, each defining a reference date, declaration deadline, precise start and end dates, and a fixed duration of 28 or 35 days. All specified dates and deadlines are explicitly subject to modification in cases of force majeure or unexpected holidays at the end of any period.

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Banky Foiben'i Madagasikara

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Schedule for Establishing Mandatory Reserves for 2025

(Subject to modification in case of force majeure or unexpected holidays at the end of the period)

2025

PeriodReference DateDeclaration DeadlinePeriod StartPeriod EndNumber of Days
1Friday, November 29, 2024Tuesday, December 31, 2024Wednesday, January 8, 2025Tuesday, February 4, 202528
2Tuesday, December 31, 2024Friday, January 31, 2025Wednesday, February 5, 2025Tuesday, March 4, 202528
3Friday, January 31, 2025Friday, February 28, 2025Wednesday, March 5, 2025Tuesday, April 8, 202535
4Friday, February 28, 2025Friday, April 4, 2025Wednesday, April 9, 2025Tuesday, May 6, 202528
5Monday, March 31, 2025Friday, May 2, 2025Wednesday, May 7, 2025Tuesday, June 3, 202528
6Wednesday, April 30, 2025Friday, May 30, 2025Wednesday, June 4, 2025Tuesday, July 8, 202535
7Friday, May 30, 2025Friday, July 4, 2025Wednesday, July 9, 2025Tuesday, August 5, 202528
8Monday, June 30, 2025Friday, August 1, 2025Wednesday, August 6, 2025Tuesday, September 2, 202528
9Thursday, July 31, 2025Friday, August 29, 2025Wednesday, September 3, 2025Tuesday, October 7, 202535
10Friday, August 29, 2025Friday, October 3, 2025Wednesday, October 8, 2025Tuesday, November 4, 202528
11Monday, September 30, 2025Friday, October 31, 2025Wednesday, November 5, 2025Tuesday, December 2, 202528
12Thursday, October 31, 2025Friday, November 28, 2025Wednesday, December 3, 2025Tuesday, January 6, 202635
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