Regulatory Alerts2022-08-06
Additional Note 2 to Circular 88-1
The Central Bank of Haiti issued Additional Note 2 to Circular 88-1 to mandate a 150% risk weighting factor for all loans granted from credit line draws. This regulatory requirement applies to all affected financial institutions and is an integral part of the existing circular. The measure entered into force on August 8, 2022, following its issuance on August 5, 2022.
[Logo: BRH] Central Bank of Haiti
ADDITIONAL NOTE #2 Circular 88-1
To Affected Financial Institutions
In the context of the application of Circular 88-1, the Central Bank of Haiti (BRH) requires affected financial institutions to apply a risk weighting factor of 150% to any loan granted from a draw on credit lines.
This additional note is an integral part of Circular 88-1 and enters into force as of August 8, 2022.
Port-au-Prince, August 5, 2022
[Signature] Jean Baden Dubois Governor