Regulatory Alerts1998-10-13 | Resolución 096/98Added · Updated
Resolution 096/98 Approving Policy for Collecting Portfolio Ceded to BCB by BIDESA in Liquidation
Article 5 of Resolution 065/98 is amended to align the collection policies for the portfolio ceded to the Central Bank of Bolivia (BCB) by the liquidating Banco Internacional de Desarrollo S.A. (BIDESA) with those established by Superintendence Resolution 31/96. This change incorporates incentives for accelerated recovery, such as the waiver of penal interest for partial or total amortization, which were previously applicable only to direct BIDESA borrowers. Starting in February 1999, BCB administration is authorized to apply these specific collection policies and incentives to the ceded portfolio.
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