2002-07-30 | Resolución 081/2002

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Resolution 081/2002

The Central Bank of Bolivia temporarily suspends Article 9 of the Liquidity Credit Regulations until October 27, 2002, allowing financial entities to retain existing loans guaranteed by the second tranche of the RAL Fund. The resolution amends Articles 18, 19, and 20 to expand eligible collateral to include fixed-term deposits from other financial entities classified in Category III, valued at 85% of present value with a premium rate based on COMA plus 150 basis points. It also updates terminology to refer to 'financial intermediation entities' generally and requires a liquidity management plan to address illiquidity within 90 days. These modifications entered into force on August 1, 2002.

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