Regulatory Alerts2024-01-08 | CIEX N° 2/2024Added · Updated
CIEX No. 2/2024: Fourth Quarter Contribution to the Saver Protection Fund
The Central Bank of Bolivia will automatically debit financial intermediation entities for the fourth quarter of 2023 contribution to the Saver Protection Fund on January 15, 2024. The amount is calculated as 1.25 per thousand of the average daily balance of public obligations during that quarter and will be deducted from national and foreign currency current and reserve accounts. Entities are requested to ensure sufficient funds are available in their accounts to cover this deduction.
EXTERNAL CIRCULAR La Paz, January 5, 2024 CIEX No. 2/2024 FROM: GENERAL MANAGEMENT FINANCIAL ENTITIES MANAGEMENT TO: FINANCIAL INTERMEDIATION ENTITIES SUBJECT: FOURTH QUARTER FEE – CONTRIBUTION TO THE SAVER PROTECTION FUND
Gentlemen:
The Central Bank of Bolivia notifies all financial intermediation entities that on January 15, 2024, in application of Article 518 of Law No. 393 on Financial Services of August 21, 2013, it will effect the automatic debit of the fee corresponding to the fourth quarter of 2023 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 will appreciate your making the respective provision of funds.
Sincerely.
SIGNED DIGITALLY Rolando Jorge Olmos Alcalá MANAGER OF FINANCIAL ENTITIES Rubén Gonzalo Ticona Chique GENERAL MANAGER
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