Regulatory Alerts1998-11-10 | Resolución 100/98Added · Updated
Board Resolution No. 100/98
The Board of Directors of the Central Bank of Bolivia authorizes the President to sign an asset guarantee contract with Banco de Crédito de Bolivia S.A. for up to USD 700,000 to cover contingencies related to the absorption merger of Banco de La Paz S.A. The guarantee is subsidiary, covering unpaid balances, interest, and execution costs for a term of up to two years from the financing maturity date, subject to the exhaustion of legal execution avenues against debtors and guarantors. The Presidency and General Management are tasked with executing and complying with this resolution.
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