Regulatory Alerts2019-03-07 | RESOLUCIONES DE DIRECTORIO Nº 022/2019Added · Updated
Board Resolution No. 022/2019
The Board of Directors of the Central Bank of Bolivia authorizes the capitalization of profits for the financial periods 2018 through 2022 to complete the unpaid capital obligation to the Latin American Reserve Fund (FLAR). This action applies a total amount of USD 79,488,684.18, reducing the previously established payable capital balance from USD 93,750,000.00. The resolution confirms the legal authority of the Board to execute this capitalization under the Central Bank's governing laws and statutes.
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