Regulatory Alerts2015-08-05
Central Bank of Liberia Directive on the Payment of Dividends by Commercial Banks
The Central Bank of Liberia requires commercial banks to consult the regulator before declaring or paying dividends, ensuring such distributions do not impair capital. Banks are explicitly prohibited from making dividend payments that would reduce their capital below required thresholds, and must obtain prior regulatory consultation. Any institution violating these provisions faces immediate fines of at least LS$200,000 per infraction or additional supervisory sanctions.
Share