Regulatory Alerts2001-08-21 | Resolución 083/2001Added · Updated
Resolution 083/2001
The Board of Directors of the Central Bank of Bolivia authorizes the restructuring of the loan portfolio transferred to Banco Mercantil S.A. under an administration mandate, specifically setting a 12% annual interest rate, a maximum term of eight years, and grace periods of two years for commercial credits and one year for consumer credits. This restructuring is conditional upon borrowers having first regularized all overdue obligations with other authorized financial entities under Law 2196. The resolution mandates an addendum to the administration contract to reflect these new terms and assigns execution responsibilities to the Presidency and General Management.
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