Regulatory Alerts2026-04-17
Norme Relative à la Capitalisation des CEC
The Bank of the Republic of Haiti (BRH) issued this regulation to mandate capitalization standards for Savings and Credit Cooperatives (CECs) under the June 26, 2002 Cooperative Law. The document defines eligible equity components, including member shares and various reserve funds, and establishes a minimum capitalization ratio of 12.5%. It prescribes mandatory surplus distribution to reserves based on the current ratio and imposes administrative sanctions for non-compliance or unreliable financial reporting.
Share