Regulatory Alerts2024-10-01
Circular No. 05/M/18 on the Tariffing of Services Provided by the Central Bank to Microfinance Institutions, Community Financial Groups, Umbrella Structures and Financial Bodies
The Bank of the Republic of Burundi issued Circular No. 05/M/18 to establish and standardize the tariff schedule for services provided by its central bank office to microfinance institutions, community financial groups, umbrella structures, and financial bodies. The regulation mandates specific fixed fees or percentage-based supervision charges based on institutional category and net profit, which are automatically debited from designated current accounts or paid by January 31 annually. It further defines precise payment deadlines, required documentation for fee processing, and an effective date tied to official publication in the Burundi Official Bulletin.
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