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Description
In a first step in October 2009, the government raised minimum capital requirements for foreign banks to USD 200 million for conventional banks (up from USD 30 million), and to USD 300 million for Isl...
Intervention Details
Intervention Type
FDI: Entry and ownership rule
MAST Chapter
FDI measures
Implementation date
01 Oct 2009
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Sectors
Affected Products
See all
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