Regulatory Alerts2022-11-29 | RESOLUCIONES DE DIRECTORIO N° 107/2022Added · Updated
Board Resolution No. 107/2022
The Central Bank of Bolivia modifies the Legal Reserve Regulation for Financial Intermediation Entities by adjusting reserve rates: 5.5% for cash and 3.0% for securities in national currency, and 10% for cash and 4-5% for securities in foreign currency, while requiring 100% cash reserves for specific public liabilities. The resolution updates the Productive Sector Credit Fund to include resources from reserve rate changes effective December 12, 2022, extends the loan application deadline to December 29, 2023, and sets the fund's expiration to March 31, 2025. These changes take effect on December 12, 2022.
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