Regulatory Alerts2026-02-16
BRH/IMF/2026/2 Circular Governing Liquidity Management for Microfinance Institutions
The Bank of the Republic of Haiti issued Circular BRH/IMF/2026/2 to establish minimum liquidity requirements for microfinance institutions, mandating compliance with a 5% maximum limit per depositor, a 20% immediate liquidity ratio, a 100% stable financing ratio, and a 75% fixed asset coverage ratio. The regulation defines unencumbered assets, stable financing, and medium-to-long-term assets while requiring quarterly and monthly reporting through the banking supervision software. Non-compliance triggers daily penalties ranging from 0.1% of regulatory capital for ratio breaches to 50,000 gourdes per day for reporting failures or information withholding, with a one-year transitional period granted for existing institutions.
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