2020-03-31

Added 2026-06-03 · Updated 2026-09-22

Circular to Banks on Guidance on the Regulatory Treatment of IFRS 9 in the Context of COVID-19

The Bank of Botswana issues this circular to provide regulatory guidance on applying IFRS 9 accounting standards during the COVID-19 pandemic. Banks must adjust expected credit loss models to reflect updated macroeconomic forecasts and may utilize temporary deferral mechanisms for impairment allowances without breaching capital requirements. This directive ensures financial institutions maintain adequate provisioning while supporting economic recovery through flexible regulatory treatment of loan portfolios.

Botswana

Bank of Botswana

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BANK OF BOTSWANA

CIRCULAR TO BANKS: NO. 1/2020

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Source: Bank of Botswana — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works