Regulatory Alerts2019-07-08 | CIEX N° 44/2019Added · Updated
CIEX No. 44/2019: Quarterly Contribution to the Savings Protection Fund
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 July 15, 2019. The amount deducted equals 1.25 per thousand of the average daily public liabilities from the previous quarter. Financial entities are required to ensure sufficient funds are available in their accounts to cover this deduction.
BCB-DGB-VUC 2019 JUL -8 AM 11: 20
BANCO CENTRAL DE BOLIVIA ESTADO PLURINACIONAL DE BOLIVIA
EXTERNAL CIRCULAR GENERAL PROCESS DISPATCHED La Paz, July 5, 2019 CIEX No. 44/2019
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 from financial entities) from their Current and Reserve Account or Reserve Account in national and foreign currency on July 15, 2019.
The debited amount will be equivalent to one point two five per thousand (1.25 ‰) of the daily average of obligations to the public from the previous quarter; 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] CARLOS A. COLODRO LÓPEZ GENERAL MANAGER a.i. BANCO CENTRAL DE BOLIVIA
CACL/JHQ/rjoa/ceol C.c.: Archive
The BCB contributes to the economic and social development of the country Ayacucho Street corner Mercado - Telephone: (591-2) 2409090 - Fax: (591-2) 2661590 www.bcb.gob.bo - bancocentraldebolivia@bcb.gob.bo - La Paz - Bolivia