Circular LISOL 1 - 683: Minimum Capital of Financial Entities. Adjustments in accordance with Basel Committee on Banking Supervision standards

"2016 - Year of the Bicentennial of the Declaration of National Independence" COMMUNICATION "A" 6006 05/07/2016 TO FINANCIAL ENTITIES:
Ref.: Circular
LISOL 1 - 683
Minimum Capital of Financial Entities. Adjustments in accordance with the norms of the Basel Committee on Banking Supervision .

---

We address you to inform you that this Institution has adopted the following resolution:

"- Replace, with effect for the determination of the minimum capital requirement that financial entities must have integrated by 31.7.16, point 4.4.2 of the norms on "Minimum Capital of Financial Entities", with the following:

"4.4.2. Others. The risk weight corresponding to a less favorable category than that assigned to exposures with the National Government in foreign currency shall be applied, as provided in point 4.2.6., with a maximum cap of 100%, except that the rating was lower than B-, in which case the risk weight will be 150%."."

Likewise, we inform you that we will subsequently send you the sheets that, in replacement of those previously provided, must be incorporated into the respective consolidated text as a consequence of the measure adopted.

We greet you attentively.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Darío C. Stefanelli Agustín Torcassi
Chief Manager of Issuance and Regulatory Applications General Manager of Norms