Regulatory Alerts2018-07-10 | 026 2018 SGDB EXTAdded · Updated
Circular SGDB No. 026/2018: Quarterly Contribution to the Saver Protection Fund
The Central Bank of Bolivia debits the quarterly contribution to the Saver Protection Fund from the current and reserve accounts of financial intermediation entities on July 17, 2018. The amount deducted is equivalent to 1.25 per thousand (1.25 ‰) of the daily average of public liabilities from the previous quarter. Financial entities are required to ensure sufficient funds are available in their accounts to cover this debit.
BANCO CENTRAL DE BOLIVIA PLURINATIONAL STATE OF BOLIVIA EXTERNAL CIRCULAR
La Paz, July 9, 2018 SGDB No. 026/2018
FROM: GENERAL MANAGEMENT. FINANCIAL ENTITIES MANAGEMENT FINANCIAL INTERMEDIATION ENTITIES QUARTERLY SHARE - CONTRIBUTION TO THE SAVER PROTECTION FUND
TO: SUBJECT:
Ladies and Gentlemen:
The Central Bank of Bolivia informs financial entities that, in application of Article 518 of Law No. 393 on Financial Services, it will debit the quarterly share (contribution from financial entities) from their Current and Reserve Account or their Foreign Currency Reserve Account on July 17, 2018.
The amount debited will be equivalent to one point two five per thousand (1.25 ‰) of the daily average of public liabilities from the previous quarter; therefore, we will appreciate your making the respective fund provisions.
Sincerely,
EZ QUIROZ FINANCIAL ENTITIES BANCO CENTRAL DE BOLIVIA
CC. Archive