Regulatory Alerts2015-10-19 | RESOLUCION DE DIRECTORIO N° 195/2015Added · Updated
Board Resolution No. 195/2015
The Board of Directors of the Central Bank of Bolivia authorizes an exceptional loan of Bs3,180,000,000 to the National Fund for Regional Development (FNDR) under Law No. 742. The loan carries a 1% annual interest rate, a 7-year term, and is secured by the FNDR trust. The funds are designated for the FNDR to provide credit to Autonomous Departmental Governments to finance local counterparts for public investment projects that also receive external financing from the Central Bank of the State.
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