Regulatory Alerts2015-04-28 | RESOLUCION DE DIRECTORIO N° 059/2015Added · Updated
Board Resolution No. 059/2015
The Board of Directors of the Central Bank of Bolivia modifies the Legal Reserve Regulation by increasing reserve requirements for financial institutions in national currency and UFV, effective May 11 and July 20, 2015. The resolution updates deduction and compensation percentages for productive and total loan portfolios for banks, private funds, cooperatives, and mutuals, while raising the allowable limit for national currency reserves held in custody from 5% to 50%.
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