Regulatory Alerts2020-02-01
BCRG Instruction No. I/DGSIF/DSIMF 005/2018 on Prudential Standards Applicable to Postal Financial Services (SFP)
The Central Bank of the Republic of Guinea (BCRG) issues these prudential standards to establish mandatory minimum ratios and indicators for Postal Financial Services (SFP), ensuring their prudent management. The directive defines the composition of basic and supplementary equity, sets solvency, foreign exchange, investment quality, and liquidity thresholds, and mandates periodic reporting of operational performance indicators. It further restricts non-financial participations, management-related commitments, and fixed asset coverage to safeguard financial stability.
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