Regulatory Alerts2025-04-02 | RESOLUCIONES DE DIRECTORIO N° 41/2025Added · Updated
Board Resolution No. 41/2025
The Central Bank of Bolivia amends Article 16 of the Legal Reserve Regulation for Financial Intermediation Entities to reduce the maximum allowable portion of multiple national currency and foreign currency legal reserve requirements that may be held in custody funds from 40% to 20% for Multiple Banks and the Public Bank. The regulation maintains a 60% custody limit for other financial intermediation entities and establishes a mandatory 10% custody requirement for reserves held in foreign currency and US dollars, prohibiting the offsetting of foreign currency custody deficiencies with excess reserves in Bolivian Central Bank accounts or securities. These modifications enter into force on April 8, 2025.
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