Circular BRH/DCC/CIRC#01-20 to Commercial Banks and Savings and Housing Banks: Reserve Requirement Coefficients from March 20, 2020
- Reserve requirement coefficients for commercial banks are 40% on gourde liabilities and 51% on foreign-currency liabilities from March 20, 2020.
- For savings and housing banks the coefficients are 28.5% on gourde liabilities and 39.5% on foreign-currency liabilities.
- Non-bank subsidiaries have the same coefficients as commercial banks: 40% and 51%.
- Reserves on foreign-currency liabilities are constituted 12.5% in gourdes and 87.5% in foreign currency.
The circular is addressed to commercial banks and savings and housing banks. From March 20, 2020, reserve requirement coefficients are 40% on gourde liabilities and 51% on foreign-currency liabilities for commercial banks and for non-bank subsidiaries, and 28.5% and 39.5% respectively for savings and housing banks. Reserves on foreign-currency liabilities are constituted 12.5% in gourdes and 87.5% in foreign currency. The circular has the reference BRH/DCC/CIRC#01-20 and is signed by Governor Jean Baden Dubois.
How to cite
Bank of the Republic of Haiti (BRH), Circular BRH/DCC/CIRC#01-20 to Commercial Banks and Savings and Housing Banks: Reserve Requirement Coefficients from March 20, 2020, https://www.brh.ht/wp-content/uploads/reserve-obligatoire-mars2020.pdf
- Rights holder
- Banque de la République d'Haïti (BRH)