Regulatory Alerts2019-04-18 | CIEX N° 28/2019Added · Updated
CIEX No. 28/2019: Quarterly Contribution to the Saver Protection Fund
The Central Bank of Bolivia debits the quarterly contribution to the Saver Protection Fund from the current and reserve accounts of financial intermediation entities on April 15, 2019. The amount deducted equals 1.25 per thousand (1.25‰) of the daily average of public liabilities from the previous quarter. Financial entities are required to ensure sufficient fund provisions to cover this debit.
BANCO CENTRAL DE BOLIVIA PLURINATIONAL STATE OF BOLIVIA
EXTERNAL CIRCULAR
La Paz, April 11, 2019 CIEX No. 28/2019
FROM: GENERAL MANAGEMENT FINANCIAL ENTITIES MANAGEMENT FINANCIAL INTERMEDIATION ENTITIES
SUBJECT: QUARTERLY CONTRIBUTION - CONTRIBUTION TO THE SAVER PROTECTION FUND
TO:
Dear Sirs and Madams:
The Central Bank of Bolivia notifies financial entities that, in application of Article 518 of Financial Services Law No. 393, it will debit the quarterly contribution (contribution by financial entities) from their Current and Reserve Account or Reserve Account in national and foreign currency on April 15, 2019.
The debited amount will be equivalent to one point two five per thousand (1.25‰) of the daily average of liabilities to the public from the previous quarter; therefore, we kindly request that you make the respective fund provision.
Sincerely,
[Signature]
C.c.: Archive
Calle Ayacucho esquina Mercado - Telephone: (591-2) 2409090 - Fax: (591-2) 2661590 www.bcb.gob.bo - bancocentraldebolivia@bcb.gob.bo - La Paz - Bolivia