Regulatory Alerts2025-08-25 | A 8306Circular REMON 1-1143: Minimum Cash. Adjustments.
The Central Bank of the Argentine Republic issued Communication “A” 8306 to amend Circular REMON 1-1143 by increasing fractional reserve requirements for all peso-denominated obligations by 3.5 percentage points, effective September 1, 2025, and demand liability requirements by 2 percentage points, effective immediately. Financial institutions may satisfy these additional reserve percentages using government bonds acquired through primary issuance from the announcement date, provided the bonds carry a minimum 60-day term at subscription. The Bank will subsequently distribute replacement pages to update the consolidated Minimum Cash regulatory text accordingly.
. “Year of the Reconstruction of the Argentine Nation” “Year of the Reconstruction of the Argentine Nation” . COMMUNICATION “A” 8306 25/08/2025 TO FINANCIAL ENTITIES: Ref.: Circular REMON 1-1143: Minimum Cash. Adjustments.
We address you to inform you that this Institution has adopted the resolution which, in its pertinent part, establishes: “1- Increase with effect from 09/01/25 by 3.5 (three point five) percentage points the reserve requirements for all peso-denominated obligations subject to fractional reserves. This additional percentage may be met with government bonds provided for in point 1.3.17. of the consolidated text on Minimum Cash that are acquired through primary issuance from the date hereof and that have a term at the time of subscription of no less than 60 (sixty) days. 2- Increase with effect from the date hereof by 2 (two) percentage points the proportion of the requirement applicable to peso-denominated demand liabilities provided for in points 1.3.1.1. (checking accounts), 1.3.2.1. (savings and other demand accounts) and 1.3.3.1. (unused balances of formalized current account advances) of the consolidated text on Minimum Cash that may be met with government bonds provided for in point 1.3.17 of the consolidated text on Minimum Cash that are acquired through primary issuance from the date hereof and that have a term at the time of subscription of no less than 60 (sixty) days.” Furthermore, we inform you that we will subsequently deliver the sheets which, in replacement of those previously provided, shall be incorporated into the consolidated reference text. We remain, yours sincerely, CENTRAL BANK OF THE ARGENTINE REPUBLIC Darío C. Stefanelli Marina Ongaro Chief Manager of Issuance and Regulatory Applications Deputy General Manager of Financial Regulation