RegAlert

Rule · BCB · 2 Jul 2012 · SGDB N° 032/2012

SGDB N° 032/2012

Applies to: All regulated firms
disclosure

The Central Bank of Bolivia will debit the quarterly contribution to the Financial Restructuring Fund (FRF) from the current and reserve accounts of financial entities on July 17, 2012. The amount debited equals 1.25 per thousand of the average daily public liabilities of the previous quarter, requiring entities to ensure sufficient funds are available.

BoliviaBanco Central de Bolivia

Logo of the Central Bank of Bolivia

EXTERNAL CIRCULAR OF THE CENTRAL BANK OF BOLIVIA

La Paz, July 02, 2012
SGDB No. 032/2012

FROM: GENERAL MANAGEMENT
TO: FINANCIAL ENTITIES MANAGEMENT
FINANCIAL ENTITIES (BANKS, MUTUALS, COOPERATIVES, AND PRIVATE FINANCIAL FUNDS) SUBJECT: QUARTERLY FEE – CONTRIBUTION TO THE FINANCIAL RESTRUCTURING FUND (FRF)

Ladies and Gentlemen:

The Central Bank of Bolivia notifies financial entities that, in application of Article 127 of Law No. 1488, it will debit the quarterly fee (contribution to the Financial Restructuring Fund) from their Current and Reserve Account or their Foreign Currency Reserve Account on July 17, 2012.

The debited amount will be equivalent to one point two five per thousand (1.25 ‰) of the daily average of public liabilities of the previous quarter; therefore, we kindly request that you make the respective provision of funds.

Sincerely.

[Signature]

CRO/CCL/MMAM/LPY/MGP.

Ayacucho and Mercado • Tel: (591-2) 2409090 • P.O. Box: 3118 bcb@bcb.gob.bo • La Paz - Bolivia

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Ley N° 1488 de Bancos y EntidadesFinancieras, de 14 de abril de 19…1993 · BO-LAWLey N° 1488 de Bancos y Entidades Financieras, de 14 de abril de 1993 (Texto Ordenado por Decreto Supremo N° 26581 de 3 de abril de 2002) (Law of Banks and Financial Entities) (1993-04-14)SGDB N° 032/20122012-07-02 · this documentSGDB N° 032/2012 (2012-07-02)
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