Regulatory Alerts2026-05-12
Circular 115-4
The Central Bank of Haiti issued Circular 115-4 to mandate a loan moratorium until March 31, 2024, for credit financial institutions, microfinance companies, and savings and credit cooperatives affected by the country's socio-political turmoil. The directive permits eligible performing loans to be restructured with reduced minimum provisioning rates ranging from 5% to 50% depending on the institution type and restructuring timeline, while automatically extending loan terms by up to six months. Financial institutions must comply with strict reporting deadlines, suspend late fees during the moratorium, and obtain central bank approval before distributing dividends or interest for the 2023-2024 fiscal year.
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