Regulatory Alerts1997-03-11 | Resolución 091/97Added · Updated
Resolution 091/97 - Special Operations - Partial Debt Settlement via Land Transfer from BLADESA
The Board of Directors of the Central Bank of Bolivia authorizes the transfer of the ex-Fundo Ventilla land in El Alto to the Bank as partial payment for prescribed debts owed by the liquidating Banco Latinoamericano de Desarrollo S.A. (BLADESA), valued at Bs. 1,843,764.08. The resolution mandates that any difference between the market price and book value be recorded as a liquidation loss charged to provisions, while unpaid receivable balances are written off against provisions with remaining provisions reversed. The Legal Affairs Management is tasked with pursuing the recovery of outstanding balances under Article 131 of the General Banking Law of 1928.
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