Regulatory Alerts2017-02-02 | SGDB N° 012/2017Added · Updated
SGDB N° 012/2017
The Central Bank of Bolivia notifies that Banco PyME Los Andes ProCredit S.A. is removed as a participant in the Integrated Payment Liquidation System (LIP) effective immediately, pursuant to ASFI Resolution 1176/2016. This removal follows the authorized merger by absorption of Banco PyME Los Andes ProCredit S.A. into Banco Mercantil Santa Cruz S.A., with accounting effects dated February 1, 2017. Participants are required to update their internal IT configurations to reflect this status change.