Circular SGDB No. 002/2018: Quarterly Contribution to the Saver Protection Fund

The Central Bank of Bolivia will debit the quarterly contribution to the Saver Protection Fund from the Current and Reserve Accounts of financial entities on January 15, 2018. The amount debited equals 1.25 per thousand of the average daily public liabilities from the previous quarter, calculated separately for each currency. Financial entities are required to ensure sufficient funds are available in their respective accounts to cover this deduction.

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BANCO CENTRAL DE BOLIVIA
PLURINATIONAL STATE OF BOLIVIA
EXTERNAL CIRCULAR
La Paz, January 2, 2018
SGDB No. 002/2018
FROM: GENERAL MANAGEMENT
FINANCIAL ENTITIES MANAGEMENT
TO: FINANCIAL ENTITIES
SUBJECT: QUARTERLY CONTRIBUTION - CONTRIBUTION TO THE SAVER PROTECTION FUND

Dear Sirs and Madams:

The Central Bank of Bolivia notifies financial entities that, pursuant to Article 518 of the Financial Services Law No. 393, it will debit the quarterly contribution (contribution by Financial Entities) from their Current and Reserve Account or Reserve Account in National and Foreign Currency on January 15, 2018.

The debited amount will be equivalent to one point two five per thousand (1.25 per thousand) of the average daily public liabilities of the previous quarter in each currency; therefore, we kindly request that you provide the respective funds.

Sincerely,
CCL/RPR/MVT/col/mug
Ayacucho Street corner Mercado. Telephone: (591-2) 2409090 . Fax: (591-2) 2661590 www.bcb.gob.bo bancocentraldebolivia@bcb.gob.bo . La Paz Bolivia

Lineage: In force

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Source: Banco Central de Bolivia — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works