Regulatory Alerts2013-10-07
Instruction No. 2013-02 on the Liquidity Ratio
The Acting Governor of the Central Bank of Djibouti issued Instruction No. 2013-02 to mandate that all licensed banking institutions maintain a liquidity ratio of at least 100% by calculating defined numerator and denominator components from their accounting records. The regulation specifies weighted percentages for cash balances, credit facilities, bonds, shares, and off-balance-sheet commitments, requiring quarterly submissions using a standardized model. Institutions may apply for temporary derogations with non-renewable deadlines, and the rules became effective on September 30, 2013.
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