Regulatory Alerts2025-10-20
A circular dated October 16, 2025 regarding the Council of Ministers’ approval to amend the return rates for real estate financing initiatives
This document, dated October 20, 2025, is addressed to the Chairman of the Board of Directors of a bank. It references a circular issued on March 24, 2003, regarding controls for issuing bank deposit certificates for company establishment or capital completion. The document emphasizes the need to adhere to these controls and ensure that released funds from these certificates are added to the company's accounts in the same currency as recorded in the commercial register and articles of association. It urges attention to the specified commitments and concludes with regards.
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