Regulatory Alerts2001-01-30 | Resolución 012/2001Added · Updated
Resolution 012/2001
The Board of Directors of the Central Bank of Bolivia accepts a cash payment of $73,342.82 from the Departmental Federation of Milk Producers (FEDEPLE) and authorizes the offset of FEDEPLE's obligations against its claims with the Bank as of January 30, 2001. The resolution approves the restructuring of the remaining $100,000 balance into a five-year loan at a 12% annual interest rate with fixed semi-annual installments of $13,586.80, maintaining the original credit guarantees. FEDEPLE is required to pay professional fees and legal costs upon signing the new contract, and the Bank's President is authorized to execute the agreement.
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