Regulatory Alerts2017-01-09 | SGDB N° 001/2017Added · Updated
SGDB N° 001/2017
The Central Bank of Bolivia debits the quarterly contribution to the Savings Protection Fund from financial institutions' accounts on January 16, 2017. The amount is calculated as 1.25 per thousand of the average daily public liabilities from the previous quarter. Financial institutions are required to ensure sufficient funds are available in their current and reserve accounts for this deduction.
B.C.B. / DGD-VUC 2017 ENE -9 AM 9:17
BANCO CENTRAL DE BOLIVIA ESTADO PLURINACIONAL DE BOLIVIA
EXTERNAL CIRCULAR
La Paz, January 06, 2017 SGDB N° 001/2017
FROM: GENERAL MANAGEMENT FINANCIAL ENTITIES MANAGEMENT TO: FINANCIAL ENTITIES SUBJECT: QUARTERLY FEE – CONTRIBUTION TO THE SAVINGS PROTECTION FUND
Ladies and Gentlemen:
The Central Bank of Bolivia notifies financial entities that, in application of Article 518 of the Financial Services Law No. 393, it will debit the quarterly fee (contribution of Financial Entities) from their Current and Reserve Account or their Foreign Currency Reserve Account on January 16, 2017.
The debited amount will be equivalent to one point two five per thousand (1.25 ‰) of the average daily public liabilities of the previous quarter; therefore, we kindly request that you make the respective provision of funds.
Sincerely,
[Signature] RONALD A. ZYCH FINANCIAL ENTITIES MANAGER a.i. BANCO CENTRAL DE BOLIVIA
[Signature] CARLOS A. COLODRO LÓPEZ GENERAL MANAGER a.i. BANCO CENTRAL DE BOLIVIA
[Signature] CCL/RPR/CPH/fcl/icp C.c. Archive
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