Regulatory Alerts2025-11-07
Regulations No. 93/2025 on Operations of the Deposit Guarantee Fund
The National Bank of Rwanda issued Regulations No. 93/2025 to establish the operational framework for the Deposit Guarantee Fund, mandating coverage of up to 1,000,000 Rwandan francs per eligible depositor. Contributing financial institutions must pay an annual premium of 0.1 percent, calculated quarterly and remitted within fifteen days following each quarter. The regulations further define claim procedures, foreign currency conversion using the Central Bank's average rate, and the Fund's obligation to disburse compensation within fourteen days of a contributing member's liquidation declaration.
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