1999-09-14 | Resolución 078/99

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Resolution 078/99: Temporary Flexibility of Financial Conditions for Liquidity Credits to Banking Entities

The Board of Directors of the Central Bank of Bolivia temporarily relaxes the financial conditions for liquidity credits granted to banking entities. Interest rates are set at the second tier rate of credits guaranteed by the RAL Fund plus 250 basis points, and collateral requirements allow for a 1.5-to-1 ratio of normal portfolio loans or existing guarantees. All other terms of the Liquidity Credits Regulation remain unchanged, and this measure is effective as of September 16, 1999.

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