Circular LISOL 1 - 70. Credit Assistance Limits

CENTRAL BANK OF THE ARGENTINE REPUBLIC
__________________________________________________________________ COMMUNICATION "A" 2120 19/07/93 __________________________________________________________________ TO FINANCIAL ENTITIES:
Ref.: Circular
LISOL 1 - 70.
Credit Assistance Limits

We address you to bring to your knowledge that this Institution adopted the following resolution:

"- Exclude from the limits referred to in points 2.2.1 and 3.6 of Annex II to Communication "A" 2109, sight placements at the Banco de la Nación Argentina (New York branch), up to the amount of the lending capacity of the regime of Communication "A" 1820 and complements of the period in question.

Placements that exceed said amount and balances in sight accounts at that branch may not exceed the percentage established in point 3.6.1 of the cited annex."

We salute you very attentively.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Juan C. Isi Alfredo A. Besio
Deputy Manager of Standards Deputy Manager of Standards for Financial Entities for Financial Entities