Regulatory Alerts2022-05-03 | RESOLUCIONES DE DIRECTORIO N° 037/2022Added · Updated
Board Resolution No. 037/2022
The Board of Directors of the Central Bank of Bolivia approves the Regulation of Incentives for the Recovery of Claims, valid until December 31, 2022, replacing Board Resolution No. 008/2022. The regulation establishes debt forgiveness incentives for non-affiliated credit portfolios with principal balances of USD 80,000 or less, including 100% forgiveness of current and penal interest for balances up to USD 5,000, and 80% forgiveness of current interest with 100% forgiveness of penal interest for balances between USD 5,001 and USD 80,000. These incentives apply to specific financial intermediation entities and require full payment in a single installment to trigger the waiver of accessory charges.
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