The Bank of Al-Maghrib's Circular No. 14/G/13 repeals and replaces circular No. 7/G/2010 On the Capital of Credit Institutions, and sets out revised procedures for the determination of capital to be used in calculating the prudential ratios of credit institutions for tier 1 and tier 2 capital. In addition, the document splits the determination of capital ratio calculation on an individual basis and consolidated basis.
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