The Prudential Statements set out the minimum standards which banks should adopt for managing of risks. The Prudential Statements are also intended to provide banks and other interested parties with an understanding of the Reserve Bank’s banking supervision framework. In its approach to the supervision of banks, the Reserve Bank takes the view that it is the prime responsibility of each bank’s board and management to establish policies and procedures to prudently manage the bank’s business. The board and management are responsible for assessing the risks in the activities the bank undertakes and continually monitoring and controlling those risks.

Prudential Statement No.1
Revised 2012

• Asset Quality
• Appendix 1 | Appendix 2

Prudential Statement No.2
Revised 2012

• Credit & Risk Grading System
• Appendix 1 | Appendix 2

Prudential Statement No.3
Revised March 2017

• Administrative Penalties

Prudential Statement No.4
Revised March 2017

• Disclosures of Interest Rates and Fees and Charges by Licenced Financial Institutions
• Appendix A | Appendix B | Appendix C | Appendix D

Prudential Statement No.5
Revised 2012

• Liquidity

Prudential Statement No.6
Revised 2017

• Capital Adequacy Requirements

Prudential Statement No.7
Revised March 2017

• Audit Arrangements

Prudential Statement No.8
Revised 2014

• Fit & Proper Requirements

Prudential Statement No.9
Revised 2014

• Governance

Prudential Statement No.10
Revised March 2017

• Lending Limits

Prudential Statement No.11
Revised 2017

• Foreign Exchange Risk Management

Prudential Statement No.12
Revised 2019

• Bank Licensing Requirements

Credit Bureau Licensing Requirements