Regulatory Alerts2025-12-05
Instruction No. 63 on Emergency Liquidity Provision to Banks
The Central Bank of Congo has issued Instruction No. 63 to establish an operational framework for discretionary emergency liquidity provision to eligible banks facing temporary illiquidity. The regulation mandates that applicants demonstrate solvency, exhaust other financing options, and provide acceptable collateral to access a dedicated window capped at two weeks for amounts and three months for duration. Beneficiaries must suspend dividends, submit daily cash flow reports, and repay loans via automatic debit, while the Governor retains final discretionary approval and the authority to suspend or terminate contracts based on compliance and collateral adequacy.
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