Regulatory Alerts1998-02-26 | Resolución 018/98Added · Updated
Resolution 018/98 Approving the Fractionation of the Interest Rate on the Spanish Credit Granted to the Bolivian Air Force
The Board of Directors of the Central Bank of Bolivia approves the fractionation of the 6% interest rate on a Spanish credit of 240,953,849 Pesetas granted to the Bolivian Air Force, effective in 1998. The interest is allocated as 2% to the external creditor ICO-Spain, 1% to the Central Bank of Bolivia as an administration commission, and 3% to deposits in accounts of the Program to cover future obligations with ICO. The Presidency and General Management are tasked with executing and complying with this resolution.
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