Regulatory Alerts2017-07-11 | SGDB N°-033/2017Added · Updated
SGDB N°-033/2017
The Central Bank of Bolivia will debit the quarterly contribution to the Savings Protection Fund from the current and reserve accounts of financial intermediation entities on July 18, 2017. The debit amount equals 1.25 per thousand (1.25‰) of the daily average of public liabilities from the previous quarter. Financial entities are required to ensure sufficient funds are available in their accounts to cover this obligation.
BC8-DGD-VUO BANCO CENTRAL DE BOLIVIA ESTADO PLURINACIONAL DE BOLIVIA CIRCULAR EXTERNA La Paz, July 7, 2017 SGDB No. 033/2017 FROM: GENERAL MANAGEMENT MANAGEMENT OF FINANCIAL ENTITIES FINANCIAL INTERMEDIATION ENTITIES QUARTERLY SHARE - CONTRIBUTION TO THE SAVINGS PROTECTION FUND TO: SUBJECT: Ladies and Gentlemen: The Central Bank of Bolivia informs financial entities that, in application of Article 518 of the Financial Services Law No. 393, it will debit the quarterly share (contribution of Financial Entities) from their Current and Reserve Account or their Foreign Currency Reserve Account on July 18, 2017. The debited amount will be equivalent to one point two five per thousand (1.25‰) of the daily average of obligations with the public from the previous quarter, therefore we kindly request that you make the respective provision of funds. Sincerely,
C.C. Archive Ayacucho Street corner Mercado. Telephone: (591-2) 2409090 . Fax: (591-2) 2661590 www.bcb.gob.bo bancocentraldebolivia@bcb.gob.bo . La Paz Bolivia