Regulatory Alerts2003-12-17 | Resolución 152/2003Added · Updated
Resolution 152/2003
The Board of Directors of the Central Bank of Bolivia accelerates the recognition of loan loss provisions for portfolios received from the former BBA and claims against BIDESA in liquidation. Specifically, it mandates that 100% of provisions for the BBA portfolio be recognized immediately under current banking regulations, consolidates previously deferred provisions for the BBA portfolio into the 2003 fiscal year, and requires the immediate recognition of provisions for doubtful recovery credits from BIDESA. These measures modify the timelines established in previous resolutions 114/99, 101/2000, 102/2000, and 120/98.
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