Regulatory Alerts2025-03-10
Circular 113 – Incentives for Financing the Agricultural Sector
The Bank of the Republic of Haiti issued Circular 113 to establish a credit facilitation mechanism that provides refinancing advances to financial institutions for agricultural lending. The regulation defines eligible agricultural activities, sets specific interest rate caps for banks, leasing companies, and credit cooperatives, and mandates minimum portfolio thresholds for accessing BRH funds. Compliance is enforced through mandatory quarterly reporting and financial penalties for late submissions or data inaccuracies.
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