Regulatory Alerts2015-04-08
Reserve Requirement Schedule (2015-2016)
The Central Bank of Myanmar mandates that commercial banks maintain a minimum reserve requirement of five percent on total deposits, calculated from end-of-month statement balances. Each bank must comply with a four-week maintenance period by receiving official notifications five days in advance and acknowledging them one day prior to the cycle start. Daily monitoring enforces compliance, applying specified penalties to shortfalls while granting a three-month penalty-free preparation period for struggling institutions.
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