Regulatory Alerts1999-05-06 | Resolución 037/99Added · Updated
Resolution 037/99 - Liquidity Credit to Banco Boliviano Americano S.A.
The Central Bank of Bolivia grants a $10,000,000 USD liquidity credit to Banco Boliviano Americano S.A. with a 16.77% annual interest rate and a 30-day term. The loan is secured by a collateral portfolio equivalent to twice the credit amount and automatic debits, with funds restricted to covering liquidity shortages and compensation chamber deficiencies. During the contract period, the bank is prohibited from granting new loans or making new investments.
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