Regulatory Alerts2011-03-02 | Resolución 026/2011Added · Updated
Resolution 026/2011
The Board of Directors of the Central Bank of Bolivia amends Articles 2, 3, and 4 of the Regulation for the Granting of Credit to Strategic National Public Enterprises for the 2010 and 2011 fiscal years. The changes require enterprises to notify the Ministry of Development Planning and the sector ministry regarding investment plans, mandate that repayment capacity be backed by sufficient internal resource flows from the parent company or subsidiaries, and expand acceptable credit guarantees to include automatic debits of operational income or other BCB-approved instruments, replacing the previous requirement for Treasury securities. These modifications enter into force upon the approval of this Resolution.
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