Regulatory Alerts2024-09-01
Circular No. 02/2018 on the Own Funds of Credit Institutions
The Bank of the Republic of Burundi issued Circular No. 02/2018 to establish the composition and calculation methodology for the prudential own funds of credit institutions. The regulation defines key terms, including subordinated loans and unrealized gains, while specifying ownership thresholds for affiliated persons and enterprises. It mandates compliance with these prudential standards to ensure financial stability within the national banking sector under Law No. 1/17 of 2017.
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