Regulatory Alerts2020-09-22 | CIEX N° 48/2020Added · Updated
CIEX No. 48/2020: Liquidity Credits of the Productive Development Bank S.A.M.
The Central Bank of Bolivia approved Resolution No. 096/2020, which establishes the regulations for liquidity credits extended to the Productive Development Bank S.A.M. (BDP SAM). Pursuant to Supreme Decree No. 4331, BDP SAM is required to activate the disbursement mechanism for these liquidity credits within a maximum period of ten (10) business days from the publication of the decree. This regulatory framework applies to BDP SAM, Development Financial Institutions (DFIs), and Savings and Credit Cooperatives (SCCs) holding a functioning license from the Financial System Supervision Authority (ASFI).
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