Regulatory Alerts2013-12-01
Added · Updated
DFIM Circular No. 09: Fixation of Minimum Maturity Period of Term Deposit for Financial Institutions
The document establishes a minimum maturity period of three months for all types of deposits collected by financial institutions, allowing for early withdrawal only after this period has elapsed. It maintains all other instructions from FID Circular No. 03/2003 while explicitly revoking FID Circular No. 07/2005 and DFIM Circular No. 04/2010. These instructions are effective immediately.
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