Regulatory Alerts2014-06-26 | SGDB N° 018/2014Added · Updated
SGDB N° 018/2014: Operations Capture System: Interest Rates and Exchange Rate Version 4.30
The Central Bank of Bolivia updates the Operations Capture System to Version 4.30, effective July 15, 2014, to correct data distortions by reclassifying agricultural credits into existing corporate, SME, and microcredit categories. Financial entities must submit reports using the new format from the effective date and are required to reprocess interest rate data for the period of February 3 to July 13, 2014, by July 22, 2014. The update eliminates the standalone agricultural credit codes and introduces specific investment and operational codes for agricultural credits within the corporate, SME, and microcredit segments.
[Logo del Banco Central de Bolivia]
B.C.B. / DGD-VUC 2014 JUN 30 AM 8:46
EXTERNAL CIRCULAR OF THE CENTRAL BANK OF BOLIVIA
La Paz, June 26, 2014 SGDB No. 018/2014
FROM: GENERAL MANAGEMENT FINANCIAL ENTITIES MANAGEMENT TO: FINANCIAL ENTITIES SUBJECT: OPERATIONS CAPTURE SYSTEM: INTEREST RATES AND EXCHANGE RATE VERSION 4.30
Ladies and Gentlemen:
After reviewing the data sent through the reference system, it has been detected that the amounts corresponding to corporate credit, SME, and microcredit records have been deducted when registering agricultural credit information.
With the purpose of preventing distortions in the information sent by entities as noted above, Version 4.30 of the reference system is published, which performs a reclassification of agricultural credits by including them within corporate, SME, and microcredit credits, according to the Annex.
The new version is available on the intranet of the Financial System Supervision Authority and will be in effect starting July 15, 2014; consequently, reports must be sent in that format from that date. We thank the entities that sent reports deducting agricultural credits from the corresponding corporate, SME, and microcredit credits for the period from February 3 to July 13, 2014, to reprocess this interest rate information by July 22, 2014. Any inquiries will be attended by Lic. Mireya García, Acting Head of the Financial Information Department, at phone 2661644 or via email mgarcia@bcb.gob.bo.
Sincerely,
[Signature] WPP/MMV/MAAM/MGP Adj.: Annex
Ayacucho y Mercado • Tel:(591-2) 2409090 • Casilla: 3118 www.bcb.gob.bo • bcb@bcb.gob.bo • La Paz-Bolivia
ANNEX
| VERSION 4.29 | VERSION 4.30 | ||
|---|---|---|---|
| Credit Type | con_cod | Description | con_cod |
| Corporate | 41I | Corporate Investment Credit | 41EI |
| 41CI | |||
| 41O | Corporate Operating Credit | 41AI | |
| 41PI | |||
| 41EO | |||
| 41CO | |||
| 41AO | |||
| 41GO | |||
| SME | 42I | SME Investment Credit | 42EI |
| 42MI | |||
| 42AI | |||
| 42O | SME Operating Credit | 42EO | |
| 42MO | |||
| 42AO | |||
| Microcredit | 43I | Individual Microcredit Investment | No modification |
| 43O | Individual Microcredit Operating | No modification | |
| 44I | Solidarity Microcredit Investment | No modification | |
| 44O | Solidarity Microcredit Operating | No modification | |
| 45I | Communal Bank Microcredit Investment | No modification | |
| 45O | Communal Bank Microcredit Operating | No modification | |
| 43AI | |||
| 43AO | |||
| Housing | 46C | Housing Mortgage: Construction of individual housing | No modification |
| 46M | Housing Mortgage: Purchase of housing or horizontal property | No modification | |
| 46R | Housing Mortgage: Renovation, remodeling, expansion, and improvement | No modification | |
| 46T | Housing Mortgage: Acquisition of land for housing construction | No modification | |
| 48A | Housing without guarantee: Anticretic Mortgage | No modification | |
| 48C | Housing without guarantee: Mortgage for construction of individual housing | No modification | |
| 48R | Housing without guarantee: Mortgage for renovation, remodeling, expansion, improvement | No modification | |
| 51C | Housing without guarantee: Mortgage DG Construction of Individual Housing | No modification | |
| 51R | Housing without guarantee: Mortgage DG renovation, remodeling, expansion, improvement | No modification | |
| 52S | Social Interest Housing Mortgage | No modification | |
| 53A | Housing without guarantee: Social Interest Anticretic Mortgage | No modification | |
| 53C | Housing without guarantee: Social Interest Mortgage for Construction of Individual Housing | No modification | |
| 53R | Housing without guarantee: Social Interest Mortgage for Renovation, Remodeling, Expansion, Improvement | No modification | |
| Consumption | 47A | Consumption for salaried persons | No modification |
| 47B | Consumption for independent persons | No modification | |
| 47D | Consumption with free availability | No modification | |
| 47M | Consumption: Purchase of movable goods | No modification | |
| 47T | Consumption: Credit card | No modification | |
| Agricultural | 49A | Agricultural by stored product | Eliminated |
| 49D | Agricultural duly guaranteed | Eliminated | |
| 49E | Structured Agricultural | Eliminated | |
| 49P | Agricultural for contract production | Eliminated | |
| 49R | Agricultural with real guarantees | Eliminated |