Regulatory Alerts2022-06-29 | RESOLUCIONES DE DIRECTORIO N° 046/2022Added · Updated
Board Resolution No. 046/2022
The Central Bank of Bolivia amends the Legal Reserve Regulation for Financial Intermediation Entities to prohibit early redemption of time deposits with reserve exemptions, except for currency conversion or compliance with competent authority orders. The resolution extends voluntary contributions to the CPVIS II Fund until October 31, 2022, and allows partial or total refunds of these contributions without external transfer fees. It establishes 0% interest liquidity loans guaranteed by the CPVIS II and CPRO funds, with specific maturity dates and mandatory reporting requirements to ensure credit portfolio growth in the productive and social housing sectors.
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