Regulatory Alerts2023-03-24 | RESOLUCIONES DE DIRECTORIO Nº 054/2023Added · Updated
Board Resolution No. 054/2023
The Central Bank of Bolivia modifies the Legal Reserve Regulation for Financial Intermediation Entities by reducing the mandatory legal reserve requirement in foreign currency (ME and MVDOL) from 20% to 10%. The resolution transfers 70% of unused resources from the Electric and Renewable Energy Use Incentive Fund (FIUSEER-ME) to the Productive Sector Credit Fund (CPRO-ME) as of April 3, 2023. These changes, effective March 28, 2023, apply to all authorized financial intermediation entities to strengthen system liquidity.
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