Transcription of Prudential Regulations for Microfinance Banks
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Prudential Regulations FOR. Microfinance Banks . Updated on June 10, 2014. AGRICULTURAL CREDIT & Microfinance DEPARTMENT. STATE BANK OF PAKISTAN. CONTENTS. PREFACE 1. DEFINITIONS 2. Part 1: General 2. Part-2: Customer Due Diligence and Anti Money Laundering (M) 5. RISK MANAGEMENT (R) 7. Regulation R 1: Minimum Capital Requirements 7. Regulation R 2: Exposure against Contingent Liabilities 7. Regulation R 3: Maintenance of Cash Reserve and Liquidity 7. Regulation R 4: Statutory Reserve 8. Regulation R 5: Maximum Loan Size and Eligibility of Borrowers 8. Regulation R 6: Maximum Exposure of a Borrower from MFBs / MFIs / Other Financial Institutions 9. Regulation R 7: Credit Report Check 9. Regulation R 8: Classification of Assets and Provisioning Requirements 9. Regulation R 9: Rescheduling/Restructuring of Loans 10. Regulation R 10: Charging-off Non-Performing Loans (NPLs) 11.
PRUDENTIAL REGULATIONS FOR MICROFINANCE BANKS Updated on June 10, 2014 AGRICULTURAL CREDIT & MICROFINANCE DEPARTMENT STATE BANK OF PAKISTAN MicrofinanceRegulations@sbp.org.pk
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