Regulatory Alerts2026-02-16
BRH/IMF/2026/3 Circular on the Minimum Regulatory Capital Requirements for Microfinance Institutions
The Banque de la République d’Haïti issued Circular BRH/IMF/2026/3 to establish minimum regulatory capital requirements and risk coverage standards for Haitian microfinance institutions. The directive mandates a 13% capital adequacy ratio for microfinance companies and 6% for microcredit enterprises, calculated against total assets and off-balance sheet credit equivalents, while strictly defining core and supplementary equity components, deduction rules, and conversion factors. Institutions failing to maintain the mandated capital conservation buffers face automatic profit retention restrictions to rebuild equity, with quarterly electronic reporting and BRH oversight ensuring ongoing compliance.
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