Regulatory Alerts2020-01-09 | CIEX N° 4/2020Added · Updated
CIEX No. 4/2020
The Central Bank of Bolivia debits the quarterly contribution to the Savings Protection Fund from the current and reserve accounts of financial intermediation entities on January 15, 2020. The amount charged equals 1.25 per thousand of the average daily public liabilities held during the fourth quarter of 2019. Financial entities are required to ensure sufficient funds are available in their national and foreign currency accounts to cover this deduction.
BCB-DGD-VUC
BANCO CENTRAL DE BOLIVIA 2020 JAN -9 AM 10: 59 PLURINATIONAL STATE OF BOLIVIA
EXTERNAL CIRCULAR
GENERAL PROCESS DISPATCHED La Paz, January 7, 2020 CIEX No. 4/2020
FROM: GENERAL MANAGEMENT MANAGEMENT OF FINANCIAL ENTITIES TO: FINANCIAL INTERMEDIATION ENTITIES SUBJECT: QUARTERLY FEE – CONTRIBUTION TO THE SAVINGS PROTECTION FUND
Ladies and Gentlemen:
The Central Bank of Bolivia informs financial entities that, in application of Article 518 of Financial Services Law No. 393, it will debit the quarterly fee (contribution by financial entities) from their Current and Reserve Account or Reserve Account in national and foreign currency on January 15, 2020.
The debited amount will be equivalent to one point two five per thousand (1.25 ‰) of the average daily public liabilities of the fourth quarter of 2019; therefore, we kindly request that you make the respective provision of funds.
Sincerely,
[Signature] JULIO HUMEREZ QUIROZ MANAGER OF FINANCIAL ENTITIES a.i. BANCO CENTRAL DE BOLIVIA
[Signature] DAVID ESPINOZA TORRICO GENERAL MANAGER a.i. BANCO CENTRAL DE BOLIVIA
DIET/JHQ/rjoa/ceol C.c.: Archive
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