Regulatory Alerts1999-12-25
Decree of November 14, 1980 Regulating the Operation of Banks and Banking Activities in Haiti
Issued by President Jean-Claude Duvalier, this decree establishes the comprehensive legal framework for regulating commercial, investment, and savings banks in Haiti. It defines banking entities, mandates strict authorization procedures from the Central Bank of Haiti (BRH), and sets minimum capital requirements ranging from 2.5 to 7.5 million Gourdes depending on the bank type. The regulation further enforces prudential standards regarding capital reserves, profit distribution, and operational conduct to ensure financial stability and protect public deposits.
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