Regulatory Alerts2023-07-19 | RESOLUCIONES DE DIRECTORIO N° 104/2023Added · Updated
Board Resolution No. 104/2023
The Central Bank of Bolivia modifies the Legal Reserve Regulation for Financial Intermediation Entities to extend the availability of zero-interest liquidity loans guaranteed by the CPVIS II, CPVIS III, and FIUSEER funds until February 2, 2026, with a final maturity date of March 31, 2026. The resolution allows entities to make voluntary contributions to these funds using foreign currency deposits and permits the early repayment of loans to free up foreign currency for sale to the Central Bank. Additionally, it waives transfer commissions for the return of voluntary contributions and establishes procedures for settling outstanding loan balances against fund participations if entities lack sufficient local currency resources.
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