Regulatory Alerts2015-07-06 | SGDB N° 038/2015Added · Updated
SGDB N° 038/2015
The Central Bank of Bolivia debits the quarterly contribution to the Savings Protection Fund from the current and reserve accounts of financial intermediation entities on July 15, 2015. The amount deducted equals 1.25 per thousand of the average daily public liabilities from the previous quarter, requiring entities to ensure sufficient funds are available.
B.C.B. / DGD-VUC 2015 JUL -7 PM 12: 23
EXTERNAL CIRCULAR OF THE CENTRAL BANK OF BOLIVIA
La Paz, July 6, 2015 SGDB No. 038/2015
FROM: GENERAL MANAGEMENT FINANCIAL ENTITIES MANAGEMENT TO: FINANCIAL INTERMEDIATION ENTITIES SUBJECT: QUARTERLY FEE – CONTRIBUTION TO THE SAVINGS PROTECTION FUND
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 fee (contribution of Financial Entities) from their Current and Reserve Account or their Foreign Currency Reserve Account on July 15, 2015.
The debited amount will be equivalent to one point two five per thousand (1.25 ‰) of the daily average of obligations to the public from the previous quarter; therefore, we appreciate your making the respective provision of funds.
Sincerely.
[Signature] MIRZA L. MIRANDA VARGAS MANAGER OF FINANCIAL ENTITIES CENTRAL BANK OF BOLIVIA
[Signature] CARLOS A. COLODRO LÓPEZ GENERAL MANAGER a.i. CENTRAL BANK OF BOLIVIA
CCL/MMV/MGP
Ayacucho y Mercado • Tel:(591-2) 2409090 • Casilla: 3118 www.bcb.gob.bo • bcb@bcb.gob.bo • La Paz-Bolivia