Regulatory Alerts2024-07-11 | CIEX N° 17/2024Added · Updated
CIEX No. 17/2024: Second Quarter Contribution to the Saver Protection Fund
The Central Bank of Bolivia will automatically debit financial intermediation entities for the second quarter of 2024 contribution to the Saver Protection Fund on July 15, 2024. The amount is calculated as 1.25 per thousand of the average daily balance of public liabilities during the quarter and will be deducted from national and foreign currency reserve and current accounts. Entities are required to ensure sufficient funds are available in these accounts to cover the deduction.
EXTERNAL CIRCULAR La Paz, July 11, 2024 CIEX No. 17/2024 FROM: GENERAL MANAGEMENT FINANCIAL ENTITIES MANAGEMENT TO: FINANCIAL INTERMEDIATION ENTITIES SUBJECT: SECOND QUARTER FEE – CONTRIBUTION TO THE SAVER PROTECTION FUND
Gentlemen:
The Central Bank of Bolivia notifies all Financial Intermediation Entities that on July 15, 2024, pursuant to Article 518 of Financial Services Law No. 393 of August 21, 2013, it will effect the automatic debit of the fee corresponding to the second quarter of 2024 for the Saver Protection Fund (contribution from financial intermediation entities) from their Current and Reserve Account or Reserve Account in national and foreign currency. The debited amount will be equivalent to one point two five per thousand (1.25‰) of the average daily balance of obligations with the public during the aforementioned quarter.
In this regard, we would appreciate your making the respective provision of funds.
Sincerely.
DIGITALLY SIGNED DOCUMENT Rolando Jorge Olmos Alcalá MANAGER OF FINANCIAL ENTITIES Rubén Gonzalo Ticona Chique GENERAL MANAGER
Validate digital signatures at: validar.firmadigital.bo RGTCH/RJOA/ctrp/ceol