Regulatory Alerts2020-07-14 | CIEX N° 33/2020Added · Updated
CIEX No. 33/2020: Constitution of the CAPROSEN Fund
The Central Bank of Bolivia establishes the CAPROSEN Fund to guarantee liquidity loans in national currency to Financial Intermediation Entities (EIFs), funded by resources released from reduced legal reserve requirements. EIFs may request these liquidity loans starting July 7, 2020, with their participation in the fund proportional to their share of the liberated resources. Monthly monitoring of loan portfolio growth begins with sworn declarations submitted by the end of August 2020.
Topics
Share