Regulatory Alerts2026-04-28
Added
Notice No. 900/84 by the Bank of Portugal on Liquidity Requirements for Credit Institutions
The Bank of Portugal establishes minimum liquidity ratios for credit institutions, requiring average weekly national currency cash holdings to be at least 12%, 9%, or 6% of specific deposit liabilities depending on maturity, with monthly minimums applying on the last day of each month. Credit institutions must maintain deposit account balances at the Bank of Portugal equal to at least 70% of the calculated minimum cash availability, and ensure that liabilities due within 90 days are fully covered by eligible assets, while liabilities due after 90 days are covered by excess assets and other securely realizable values. The notice mandates the inclusion of national debt securities representing at least 5% of total deposits in the asset portfolio, defines specific valuation rules for gold, foreign currency, and securities, and repeals Notice No. 2/79, entering into force on July 1, 1984.
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