Czech National Bank measure 181 / 1993 Coll.

Measures of the Czech National Bank fixing the minimum amount of liquid assets

Valid
181
MEASURES
Czech National Banks
of 9 June 1993
fixing the minimum amount of liquid assets
The Czech National Bank provides pursuant to § 15 of Act No. 21 / 1992 Coll., on Banks:
§ 1
The minimum amount of liquid assets of banks and branches of foreign banks (hereinafter "the bank ') shall be:
(a) 9% of the liabilities to all persons except banks;
(b) 3% of fixed-term liabilities to all persons except banks.
§ 2
The liabilities referred to in Article 1 are liabilities in Czech crowns and liabilities denominated in foreign currency.
§ 3
Liquidity funds provided under § 1 are required to deposit in the account with the Czech National Bank as compulsory minimum reserves.
§ 4
Mandatory minimum reserves shall not be remunerated.
§ 5
Measures of the Czech National Bank No. 55 / 1993 Coll., determining the minimum amount of liquid assets, are hereby repealed.
§ 6
This measure shall take effect on 1 July 1993.
Governor:
v z. Vít v. r.

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Regulation Information

CitationCzech National Bank measure 181 / 1993 Coll., fixing the minimum amount of liquid assets
Regulation Type-
Author-
CollectionCode of Laws
Date of Promulgation29.06.1993
Effective from-
Effective until-
Status Valid
The regulation text is for informational purposes only.
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