Regulatory Alerts1998-01-27 | Resolución 009/98Added · Updated
Board Resolution No. 009/98
The Board of Directors of the Central Bank of Bolivia grants Banco de La Paz S.A. an exceptional liquidity credit of up to US$5,000,000 for a 30-day term at an annual interest rate of 16.36%. The loan is secured by a credit portfolio with a collateral-to-loan ratio of 2:1, primarily consisting of normal-rated assets, and must be disbursed within three business days. Banco de La Paz S.A. is prohibited from increasing its loan or investment portfolio during the credit's validity and must submit daily liquidity and portfolio reports to the Central Bank.
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