Article 72

Every banking firm shall have a Reserve Account, and the Agency shall from time to time by regulation determine the amount and form of the reserves. Every banking firm must, before declaring any dividends or transferring any profits to its head office or elsewhere, transfer to the Reserve Account an amount of not less than twenty percent (20%) of its annual net profits after deduction of taxes. Such transfer shall continue until the credit balance of the Reserve Account plus the irreducible capital amount to five percent (5%) of the value of deposits and other similar liabilities.