Central Bank of Congo - Instruction No. 002 - Prudential Norms for Credit and Savings Cooperatives and Other Micro Finance Institutions (MFI)


The Central Bank of Congo in Instruction No. 2 sets standards for savings and credit cooperatives and other Micro Finance Institutions (MFI) in the following areas:
1. Minimum Capital
2. Prudential Equity Fund
3. Solvency
4. Liquidity Reserves
5. Coverage Of Assets By Prudential Equity

Instruction No. 2 also covers the monitoring of currency positions limitations, as well as the limitation operations by savings and credit cooperatives and other Micro Finance Institutions (MFI).

Document Details

Title (Non-English): 
La Banque Centrale du Congo - Instruction No. 002 - Relative aux Normes Prudentielles des Cooperatives D’Epargne et de Credit Ainsi due des Institutions de Micro Finance
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Date of Document: 
Tuesday, January 1, 2013
Document Authors: 
Central Bank of Congo
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