Regulatory Alerts1999-03-31 | Resolución 024/99Added · Updated
Resolution 024/99: Partial Subrogation of Deposits in BIDESA
The Board of Directors of the Central Bank of Bolivia authorizes the partial subrogation of twelve fixed-term deposits held in the liquidated Banco Internacional de Desarrollo S.A. (BIDESA) that were established after October 31, 1997. For eleven deposits, subrogation is permitted via cash payments up to US$5,000 and the issuance of Certificates of Deposit for amounts exceeding that threshold. For a specific deposit held by Juana Yamamoto Meza, subrogation is authorized through a cash payment of US$772. The Liquidator or the Banking and Financial Entities Superintendence must initiate legal actions to recover any funds if subsequent observations reveal issues regarding the legitimacy or status of the returned deposits.
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