Regulatory Alerts1998-06-09 | Resolución 060/98Added · Updated
Resolution 060/98: Authorization for Partial Subrogation and Return of BIDESA Deposits
The Board of Directors of the Central Bank of Bolivia authorizes the cash return of up to $US 5,000 for two fixed-term deposits and eight savings/checking accounts exceeding $US 100,000, and the partial subrogation via Certificates of Deposit for two fixed-term deposits and fifteen savings/checking accounts exceeding $US 100,000, all held at BIDESA after October 31, 1997. These actions apply to accounts classified as 'without observation' by the Liquidating Intendant following a special review. The Bank Superintendence and Financial Entities is responsible for initiating legal actions to recover funds if subsequent observations arise regarding the legitimacy of these deposits.
More like this from BCB
BCB published 7 documents in the last 30 days. We email you each new one the day it's published.