Regulatory Alerts2017-12-04 | CD-SIBOIF-1031-2-DIC4-2017Added · Updated
Norm Amending Article 6 of the Capital Adequacy Standard
The Board of Directors of the Superintendence of Banks and Other Financial Institutions amended Article 6 of the Capital Adequacy Standard to align mortgage credit risk weights with Law No. 965. The revision establishes a 50% risk-weighting for single-family and multi-family social interest housing credits that do not exceed the amounts specified in Law No. 677, while maintaining a 60% weight for other mortgage credits and a 125% weight for consumer credits. This resolution entered into force upon its notification on December 4, 2017.