Regulatory Alerts2019-10-08 | CIEX N° 59/2019Added · Updated
CIEX No. 59/2019: Quarterly Contribution to the Savings Protection Fund
The Central Bank of Bolivia debits the quarterly contribution to the Savings Protection Fund from the accounts of financial intermediation entities on October 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 national and foreign currency reserve accounts to cover this debit.
BCB-DGD-VUC
CENTRAL BANK OF BOLIVIA PLURINATIONAL STATE OF BOLIVIA
EXTERNAL CIRCULAR
2019 OCT -8 PM 3:19 GENERAL PROCEDURE DISPATCHED
La Paz, October 7, 2019 CIEX No. 59/2019
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 notifies 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 October 15, 2019.
The debited amount will be equivalent to one point two five per thousand (1.25 ‰) of the average daily public liabilities of the previous quarter; therefore, we kindly request that you make the respective provision of funds.
Sincerely.
[Signature] ROLANDO JORGE OLMOS ALCALÁ MANAGER OF FINANCIAL ENTITIES a.i. CENTRAL BANK OF BOLIVIA
[Signature] CARLOS A. COLODRO LÓPEZ GENERAL MANAGER a.i. CENTRAL BANK OF BOLIVIA
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