Regulatory Alerts2005-11-03 | Resolución 144/2005Added · Updated
Resolution 144/2005
The Board of Directors of the Central Bank of Bolivia authorizes a financial disbursement of up to US$6,302,000 to the intervened Savings and Credit Cooperative Trapetrol Oriente to support its judicial liquidation process. The resolution further mandates the transfer of the cooperative's RAL Fund to the intervened entity and permits the Central Bank President to sign a compensation agreement with the Ministry of Finance using bonds over a 15-year term. This financial support is contingent upon the final adjudication amount being communicated by the Banking Superintendence.
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