2026-04-21
The Central Bank of Liberia has issued a directive increasing the minimum capital requirement for commercial banks from US$10 million to US$15 million, effective December 31, 2026. Existing institutions must adhere to a phased compliance schedule reaching US$15 million by December 2028, while new license applicants must secure the full amount prior to issuance. This three-year transition strengthens sector resilience and financial deepening, with non-compliant banks facing potential operational restrictions or license revocation.