Regulatory Alerts2012-03-23
Added · Updated
Central Bank of Liberia Regulation No. CBL/SD/001/2008 on Minimum Capital Requirements for Banking-Financial Institutions
The Central Bank of Liberia mandates a staged capital increase for all bank-financial institutions, requiring existing entities to reach US$6 million by 2008, US$8 million by 2009, and US$10 million by 2010. New market entrants must meet the corresponding capital thresholds for their respective entry years, while existing institutions face a Capital Adequacy Ratio increase from 8 percent to 10 percent. These capital components and adequacy computations remain governed by the Central Bank's prior prudential regulation or future revisions.
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