Regulatory Alerts1998-12-17 | Resolución 113/98Added · Updated
Resolution 113/98
The Board of Directors of the Central Bank of Bolivia accepts a negotiated debt settlement offer from the liquidating Caja Central de Ahorro y Préstamo para la Vivienda (CACEN), requiring the transfer of assets valued at $9,982,304.88, comprising $3,402,252.41 in cash and $6,580,052.47 in loan portfolio. The resolution also authorizes the accounting write-off of $401.67 in penal interest and $190.07 in commissions on the AID-W-068 credit line that were not recognized by the liquidator. The President of the Central Bank is authorized to sign the settlement agreement, with the power to adjust amounts based on the signing date, while the Legal Affairs Unit is tasked with homologating the agreement before the court.
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