Measures of the Czech National Bank No 55 / 1993 Coll.
Measures of the Czech National Bank fixing the minimum amount of liquid assets
Valid
55
MEASURES
Czech National Banks
of 19 January 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 referred to as "banks") with customer deposits of at least CZK 25 billion
(a) 12% of the liabilities to all persons except banks;
(b) 4% of the fixed-term liabilities to all persons except banks.
(2) The minimum liquid assets of other banks are:
(a) 9% of the liabilities to all persons except banks;
(b) 3% of fixed-term liabilities to all persons except banks.
The liabilities referred to in Article 1 are liabilities in Czech crowns and liabilities denominated in foreign currency.
Liquidity funds provided under § 1 are required to deposit in the account with the Czech National Bank as compulsory minimum reserves.
Mandatory minimum reserves shall not be remunerated.
The measure of the Czechoslovak State Bank of 17 September 1992 published in the amount of 97 / 1992 Coll.
This measure shall take effect on 1 February 1993.
Governor:
Ing. Tošovský v. r.
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Regulation Information
| Citation | Measures of Czech National Bank No. 55 / 1993 Coll., fixing the minimum amount of liquid assets |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 29.01.1993 |
|---|---|
| Effective from | - |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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