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  • 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 2014

      • AU-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 2014

    • Other 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 2014

    • Liquidity

      • 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