Regulatory Alerts2020-09-29 | RESOLUCIONES DE DIRECTORIO Nº 104/2020Added · Updated
Board Resolution No. 104/2020: Monetary Operations Management - Modifies Point 14 (Destination of Resources) of the Annex to Board Resolution No. 097/2020 of September 15, 2020
This resolution modifies Point 14 (Destination of Resources) of the Annex to Board Resolution 097/2020 regarding Exceptional Repos with the Central Bank of Bolivia. It establishes that Financial Intermediation Entities (EIFs) making early partial or total payments of liquidity loans granted by the Central Bank of Bolivia with CAPROSEN Fund guarantees cannot access exceptional repos starting September 29, 2020. The text maintains requirements that funds be used exclusively in national currency for credits related to national products and services, excluding individual or horizontal housing purchases, with net disbursements reaching at least 50% of CAPROSEN Fund resources at the time of renewal.
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