RegAlert

Rule · BCB · 2 Oct 2012 · SGDB N° 042/2012

SGDB N° 042/2012

Applies to: All regulated firms
capital

The Central Bank of Bolivia debits the quarterly contribution to the Financial Restructuring Fund (FRF) from the current and reserve accounts of financial entities on October 15, 2012. The amount deducted equals 1.25 per thousand of the average daily public liabilities from the previous quarter, requiring entities to ensure sufficient fund provisions.

BoliviaBanco Central de Bolivia

EXTERNAL CIRCULAR OF THE CENTRAL BANK OF BOLIVIA

La Paz, October 02, 2012
SGDB No. 042/2012

FROM: GENERAL MANAGEMENT
FINANCIAL ENTITIES MANAGEMENT
TO: FINANCIAL ENTITIES (BANKS, MUTUALS, COOPERATIVES, AND PRIVATE 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 October 15, 2012.

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

Sincerely,

[Signature]
CRO/MMV/MAAM/LPY/FCL

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° 042/20122012-10-02 · this documentSGDB N° 042/2012 (2012-10-02)
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