Regulatory Alerts2022-12-06 | RESOLUCIONES DE DIRECTORIO Nº 113/2022Added · Updated
Board Resolution No. 113/2022
The Board of Directors of the Central Bank of Bolivia amends Article 5 of the Regulation on Liquidity Credits to the Productive Development Bank (BDP-SAM) to extend the maximum number of renewals for liquidity loans from seven to nine. This modification allows loans with a term of up to 90 calendar days to be renewed up to nine times, provided interest is settled for each renewal. The resolution enters into force upon publication and authorizes the Acting President of the Central Bank to sign the necessary contractual amendments with the BDP-SAM.
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