Regulatory Alerts2016-01-26 | CD-SIBOIF-926-2-ENE26-2016Added · Updated
Norm on Minimum Leverage Requirement
The Superintendence of Banks and Other Financial Institutions mandates that financial institutions maintain a minimum leverage coefficient of at least 3.75%, calculated monthly using primary capital divided by total unweighted assets and contingencies. The rule requires institutions to submit monthly reports via a specified annex and allows for a gradual compliance period of up to two years, during which cash profit distributions are prohibited.
Topics
Share