Regulatory Alerts1999-09-13 | Resolución 076/99Added · Updated
Board Resolution No. 076/99
The Board of the Central Bank of Bolivia approves a restricted credit line of up to $18,056,033 for the intervened Banco Boliviano Americano S.A. to support its forced sale process, with an interest rate of 8.67%, a maturity date of December 14, 1999, and a single repayment at maturity. The resolution mandates that disbursements be made upon written request by the Selling Trustee to cover operational and liquidity needs outlined in the submitted budget, subject to weekly audited accounting reports. Additionally, the Board authorizes the BCB President to sign the credit contract and charges the Presidency and General Management with executing the resolution.
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