RegAlertRule · BCRA · 3 Jun 1996 · A 2443
Circular LISOL 1 - 140. Classification of Debtors and Minimum Provisions for Credit Risk
The Central Bank of the Republic of Argentina amends Annex I of Communication "A" 2216, effective June 1, 1996, to redefine the valuation of collateral for debt classification. The updated provision specifies that cash guarantees and foreign currencies (US dollars, German marks, French francs, Swiss francs, Japanese yen, and British pounds) are valued at their quotation rates, while gold is valued at its realization value.
BANCO CENTRAL DE LA REPUBLICA ARGENTINA ______ COMUNICACION " A " 2443 03/06/96 ______ TO FINANCIAL ENTITIES:
Ref.: Circular
LISOL 1 - 140.
Classification of Debtors and
Minimum Provisions for Credit Risk
We address you to inform you that this Institution adopted the following resolution:
"Replace, with effect from 1.6.96, subsection a) of point 1. of Annex I to Communication "A" 2216, with the following:
"a) guarantees constituted in cash, pesos or the following foreign currencies at their quotation value: United States dollars, German marks, French francs, Swiss francs, Japanese yens and British pounds and gold (at its realization value)."
We salute you very attentively.
BANCO CENTRAL DE LA REPUBLICA ARGENTINA Alfredo A. Besio Miguel A. Kiguel Manager of Standards for Deputy General Manager Financial Entities Area of Economics and Finance
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