{"id":460442,"date":"2018-06-08T11:34:19","date_gmt":"2018-06-08T11:34:19","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=460442"},"modified":"2018-06-08T11:34:19","modified_gmt":"2018-06-08T11:34:19","slug":"mauritania-the-minimum-capital-of-banks-up-50","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/06\/08\/mauritania-the-minimum-capital-of-banks-up-50\/","title":{"rendered":"Mauritania: the minimum capital of banks up 50%"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The minimum capital of Mauritanian banks will be raised by 57% by 2020 according to a correspondence from the governor of the Mauritanian Central Bank (BCM) to the association of Mauritanian banks.<\/p>\n<p>Specifically, the minimum capital will increase from 7 billion Ouguiyas in 2018 to 11 billion dollars in 2020, or 30 million dollars. The main objective of the decision is to strengthen the soundness of the Mauritanian banking system, which has some 20 institutions.<\/p>\n<p>On the other hand, no change will be made to the mandatory reserve ratio and the key rate applied by the Central Bank. Recall that the Mauritanian monetary authorities had already raised the capital of banks to 7 billion ouguiyas in 2013.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The minimum capital of Mauritanian banks will be raised by 57% by 2020 according to a correspondence from the governor of the Mauritanian Central Bank (BCM) to the association of Mauritanian banks. Specifically, the minimum capital will increase from 7 billion Ouguiyas in 2018 to 11 billion dollars in 2020, or 30 million dollars. The<\/p>\n","protected":false},"author":536116,"featured_media":460445,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12000,11996],"tags":[12289],"class_list":["post-460442","post","type-post","status-publish","format-aside","has-post-thumbnail","category-banks-insurance","category-finance-en","tag-mauritania-en","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Mauritania: the minimum capital of banks up 50% - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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