Regulatory Alerts2007-07-17
Minimum Liquid Assets
The Bank of Namibia issued this determination to mandate comprehensive liquidity management standards for all authorized banking institutions operating in the country. Banks must maintain an average daily liquid asset balance of at least ten percent of their total public liabilities, subject to a seventy-five percent daily floor, utilizing specifically defined government securities, central bank balances, and investment-grade debt. The regulation requires monthly compliance returns, immediate notification of liquidity shortfalls, and board-approved internal policies, officially repealing the prior BID-6 determination effective 17 July 2007.
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