Minimum Capital Requirements for Financial Institutions Supervised by Bank of Uganda

The Minimum Capital Requirements for the various Tiers of Financial Institutions supervised by Bank of Uganda as below:
Tier 1 – Commercial Banks
 
The Financial Institutions (Revision of Minimum Capital Requirements) Instrument No. 43 of 2010 in accordance with section 26(5) of the Financial Institutions Act 2004, revised the Minimum Capital requirements of Banks to One million, two hundred and fifty thousand currency points (25,000,000,000/=)
 
Tier 2- Credit Institutions
 
The Minimum Capital requirement for Tier2 Institutions is 50,000 currency points (1,000,000,000/=) as per section 26(3) of the Financial Institutions Act 2004.
 
Tier 3- Micro Finance Deposit Taking Institutions (MDI’s)
 
The minimum capital requirements for Tier3 institutions is 25,000 currency points (500,000,000/=) as per Section 15(1) of the Micro Finance Deposit Taking Institutions Act 2003 and Regulation 6 of the Micro Finance Deposit Taking Institutions (Capital Adequacy) Regulations 2004.
 
NB. One Currency point = 20,000/=
 
Please note that, apart from The Financial Institutions (Revision of Minimum Capital Requirements) Instrument No. 43 of 2010 that revised Bank’s minimum capital requirement to 25 Billion, all the other Acts and Statutory Instruments are already on the BoU website (home page under legislations).
 

Please click on the link below to access a copy of ‘The Financial Institutions (Revision of Minimum Capital Requirements) Instrument No. 43 of 2010’



  • ‘The Financial Institutions (Revision of Minimum Capital Requirements) Instrument No. 43 of 2010’
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