2002-10-22 | Resolución 123/2002

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Resolution 123/2002

The Board of Directors of the Central Bank of Bolivia amends Article 11 of the Legal Reserve Regulation to require non-bank financial entities authorized by the Superintendence of Banks and Financial Entities, with average public liabilities exceeding $80 million over the last six months, to maintain a single legal reserve account at the Central Bank. This resolution also extends the validity of Resolution 074/2002 regarding reserve requirements until December 10, 2002, and becomes effective on November 1, 2002.

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