AU-2.5 AU-2.5 Condition 5: Financial Resources
Capital Funds
AU-2.5.1
Licensees must maintain a level of financial resources, as agreed with the CBB, adequate for the level of business proposed.January 2014AU-2.5.2
Licensees must maintain a minimum level of paid-up capital of BD 2 million which has been provided by the shareholders/promoters and/or grants and donations received by the microfinance institution. A greater amount of capital may be required by the CBB on a case-by-case basis.Amended: April 2019
January 2014Other Sources of Funds
AU-2.5.3
Licensees may obtain funds through borrowings, issuance of fixed-income securities and grants and donations received on an on-going basis.January 2014Liquidity
AU-2.5.4
Licensees must maintain sufficient liquid assets to meet their obligations as they fall due in the normal course of their business, as required under Section CA-1.2.Licensees must agree a liquidity management policy with the CBB.January 2014