Licensing Regime
Licensing directives stipulate the minimum requirements to operate a development finance institution (DFI). The table below briefly summarizes some of the requirements for DFIs. Applicants are, however, advised to read through the applicable directives to fully understand all the requirements.
| Entity | Application Fee | Minimum Capital | Governance | Duration |
|---|---|---|---|---|
| Development Finance | Kwacha equivalent of USD10,000 | Kwacha equivalent of USD50,000,000 | Board of Directors and Senior Management | Perpetual |