Port-au-Prince, October 29, 2025.- In the face of the security crisis and its economic repercussions, the Bank of the Republic of Haiti (BRH) authorizes financial institutions to grant moratoria and loan restructurings to their clients from November 3, 2025 to September 30, 2026. This measure aims to preserve the stability of the financial system and to support hard-hit borrowers.
In a context marked by a continuing security crisis and growing economic tensions, the Bank of the Republic of Haiti (BRH) issued Circular No. 115-7 on 28 October 2025, replacing the previous Circular 115-6. This new provision allows banks and other credit institutions to grant moratoria or restructure their customers' loans affected by economic conditions.
According to the circular, these measures will apply from 3 November 2025 to 30 September 2026. Eligible clients are those who have demonstrated a good credit reputation before the crisis and whose activities have been directly affected in the last three fiscal years.
During the moratorium period, only interest will be charged, while the payment of capital will be deferred to the end of this period. Borrowers will benefit from a suspension of late charges, and their credit classification will remain unchanged until the normal resumption of payments.
The BRH also sets a minimum provisioning rate of 10% for restructured loans and requires the institutions concerned to submit a quarterly report on the cases benefiting from these measures. In addition, any distribution of dividends by financial institutions will require prior approval from BRH to ensure the soundness of the banking system in times of instability.
With this decision, BRH seeks to cushion the impact of the crisis on the financial sector and protect responsible borrowers, while maintaining strict control over the economic health of banks.
W.A.
