The Honduras National Commission of Banks and Insurance (CNBS) issued updated supervisory instructions to banking institutions that form part of a financial group on the timing and preparation of updates to their Preventive Recovery Plans (PPR). It set a non-extendable deadline for the next PPR update of 31 March 2026, using financial figures as of 31 December 2025, and confirmed that subsequent updates must be filed by 31 March each year or when an update is required under the relevant rules. The decision follows a request from the Honduran Association of Banking Institutions (AHIBA) to move the annual PPR update date to 30 September to align with the Capital Self-Assessment Plan (ICAAP) process and audited figures. CNBS maintained the 31 March cycle but permitted banks, when preparing the PPR, to use as the base year the projections for that year contained in the ICAAP submitted to CNBS in July of the preceding year. It also withdrew Resolution SBO No. 089/16-02-2024.
Comisión Nacional de Bancos y Seguros de Honduras 2025-03-26
Honduras National Commission of Banks and Insurance sets 31 March 2026 deadline for next recovery plan update for bank groups and revokes 2024 instruction
The Honduras National Commission of Banks and Insurance (CNBS) issued updated supervisory instructions for banking institutions within financial groups regarding the timing and preparation of Preventive Recovery Plans (PPR). The CNBS maintained the 31 March deadline for PPR updates but allowed banks to use ICAAP projections from the previous July as the base year. Additionally, CNBS withdrew Resolution SBO No. 089/16-02-2024.