Regulatory Alerts2025-03-01
Instruction No. 033/DGSIF/DSB on Public Disclosure of Credit Institution Operational Conditions
The Central Bank of the Republic of Guinea issued Instruction No. 033/DGSIF/DSB mandating that credit institutions publicly disclose the conditions, pricing, and fees applicable to their banking operations across all branches, counters, and agents. The directive requires these disclosures to be provided in legible paper or display formats that clearly indicate tax status, value dates, interest calculation methods, and actual incurred fees. Furthermore, institutions must notify clients of any condition changes prior to implementation and submit a detailed annual list of operational conditions to the Central Bank by January 31 each year.
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